3.0.0 6483 2023-01-11T13:21:14Z 2023-01-11T13:21:14Z House H HR 2010-12-02 111 hspw00 Transportation and Infrastructure Committee House Standing Referred to 2010-12-02T15:13:30Z 2010-12-02 Referred to the House Committee on Transportation and Infrastructure. IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2010-12-02 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-12-02 Introduced in House IntroReferral 1000 9 Library of Congress R000581 Rep. Richardson, Laura [D-CA-37] Laura Richardson D CA 37 N Transportation and Public Works Air quality Climate change and greenhouse gases Government lending and loan guarantees Public transit Transportation programs funding Transportation and Public Works 00 2010-12-02 Introduced in House 2011-02-04T19:27:56Z TIFIA Expansion Act of 2010 - Revises Transportation Infrastructure Finance and Innovation Act (TIFIA) program requirements to make eligible for TIFIA funding any projects that: (1) are for the design, acquisition, construction, or rehabilitation of one or more transportation projects that reduce emissions of greenhouse gases or have a positive impact on traffic congestion; and (2) receive not more than 30% of their funding for capital costs from federal public transportation grant funds.

Defines "master credit agreement" as one entered into between the Secretary of Transportation (DOT) and an obligor for such projects that: (1) makes contingent commitments of one or more secured loans or other federal credit instruments at future dates; (2) establishes the amounts and general terms and conditions of such loans or other instruments as well as identifies dedicated revenue sources that will secure their repayment; and (3) provides for the obligation of funds for the loans or other instruments after certain federal requirements have been met.

Requires such projects to meet certain planning and programming requirements (as under current law) at the time that loan proceeds are disbursed or other credit assistance is provided pursuant to the master credit agreement.

Makes projects with eligible costs reasonably anticipated to equal or exceed $1 billion (mega transportation projects) eligible for federal transportation infrastructure funding.

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 reasonably anticipated eligible project costs or (as under current law), if the loan does not receive an investment grade rating, the amount of the senior project obligations.

Authorizes appropriations for FY2011-FY2015 for such projects.

]]> TIFIA Expansion Act of 2010 Display Title TIFIA Expansion Act of 2010 Official Title as Introduced To amend title 23, United States Code, to revise certain infrastructure finance provisions. Introduced in House IH Short Titles as Introduced TIFIA Expansion Act of 2010 Introduced in House 2010-12-02T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr6483ih/xml/BILLS-111hr6483ih.xml 2010-12-02 Referred to the House Committee on Transportation and Infrastructure. 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.