3.0.0 2663 2023-01-11T13:18:55Z 2023-01-11T13:18:55Z House H HR 2009-06-02 111 hspw00 Transportation and Infrastructure Committee House Standing hspw12 Highways and Transit Subcommittee Referred to 2009-06-03T18:22:26Z Referred to 2009-06-02T18:02:40Z 2009-06-03 hspw12 Highways and Transit Subcommittee 1 House committee actions Referred to the Subcommittee on Highways and Transit. Committee 2009-06-02 Referred to the House Committee on Transportation and Infrastructure. IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2009-06-02 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-06-02 Introduced in House IntroReferral 1000 9 Library of Congress J000126 Rep. Johnson, Eddie Bernice [D-TX-30] EDDIE JOHNSON D TX BERNICE 30 N Transportation and Public Works Bankruptcy Department of Transportation Executive agency funding and structure Government lending and loan guarantees Infrastructure development Roads and highways Transportation programs funding Transportation and Public Works 00 2009-06-02 Introduced in House 2009-07-27T21:22:39Z Transportation Infrastructure Finance and Innovation Act of 2009 or TIFIA of 2009 - Revises terms of secured loans and lines of credit used to finance certain transportation infrastructure projects to increase the maximum loan amount for such projects from the lesser of 33% to the lesser of 49% of the eligible project costs or, if the loan does not receive an investment grade rating, the amount of the senior project obligations.

Increases the total amount of the line of credit for such projects from 33% to 49% of the reasonably anticipated eligible project costs.

Declares that, in the event of the obligor's bankruptcy, insolvency, or liquidation, a direct loan from the Secretary of Transportation for an infrastructure project shall not be subordinated to the claims of any holder of project obligations entered into after (not including such obligations issued to refund prior project obligations), or not contemplated by the parties at the time, the Secretary's agreement to provide the line of credit is entered into.

Authorizes appropriations for FY2010-FY2015 for such projects.

]]> Transportation Infrastructure Finance and Innovation Act of 2009 Display Title Transportation Infrastructure Finance and Innovation Act of 2009 Official Title as Introduced To amend title 23, United States Code, to increase certain infrastructure finance provisions, and for other purposes. Introduced in House IH Short Titles as Introduced Transportation Infrastructure Finance and Innovation Act of 2009 Short Titles as Introduced TIFIA of 2009 Introduced in House 2009-06-02T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr2663ih/xml/BILLS-111hr2663ih.xml 2009-06-03 Referred to the Subcommittee on Highways and Transit. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.