3.0.0 3736 2019-11-15T21:42:31Z 2019-11-15T21:42:31Z House H HR 2011-12-19 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. WHITFIELD:H.R. 3736.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3, that grants Congress thepower to regulate Commerce with foreign Nations, and amongthe several States, and with the Indian Tribes.____________________[Page H9945]]]> hswm00 Ways and Means Committee House Standing hswm03 Work and Welfare Subcommittee Referred to 2011-12-22T22:47:32Z Referred to 2011-12-19T15:00:45Z TRIP Bonds Act 112 1436 S 2011-07-28 Read twice and referred to the Committee on Finance. Related bill CRS 2011-12-22 hswm03 Work and Welfare Subcommittee 1 House committee actions Referred to the Subcommittee on Human Resources. Committee 2011-12-19 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-12-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-12-19 Introduced in House IntroReferral 1000 9 Library of Congress W000413 Rep. Whitfield, Ed [R-KY-1] EDWARD WHITFIELD R KY 1 N B000652 Rep. Boswell, Leonard L. [D-IA-3] LEONARD BOSWELL D IA L. 3 2011-12-19 True Taxation Customs enforcement Government trust funds Income tax credits Infrastructure development Intergovernmental relations Marine and inland water transportation Navigation, waterways, harbors Public transit Railroads Roads and highways Securities State and local finance Transportation programs funding User charges and fees Taxation 00 2011-12-19 Introduced in House 2012-03-14T21:42:36Z Transportation and Regional Infrastructure Project Bonds Act of 2011 or TRIP Bonds Act - Amends the Internal Revenue Code to allow an income tax credit for any TRIP bond issued by a state infrastructure bank as part of an issue, if 100% of the available project proceeds from such issue are to be used for expenditures incurred for one or more qualified projects. Requires proceeds from the sale of bonds issued under this Act to be held in a TRIP Bonds Trust Account.

Defines "qualified project" as the capital improvements to any transportation infrastructure project (including roads, bridges, rail and transit systems, ports, and inland waterways) proposed and approved by a state infrastructure bank.

Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to extend certain customs fees for the processing of merchandise entered into the United States through specified dates in 2048.

]]> TRIP Bonds Act Short Titles as Introduced TRIP Bonds Act Short Titles as Introduced Transportation and Regional Infrastructure Project Bonds Act of 2011 Display Title TRIP Bonds Act Official Title as Introduced To provide $50,000,000,000 in new transportation infrastructure funding through bonding to empower States and local governments to complete significant infrastructure projects across all modes of transportation, including roads, bridges, rail and transit systems, ports, and inland waterways, and for other purposes. Introduced in House 2011-12-19T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr3736ih/xml/BILLS-112hr3736ih.xml 2011-12-22 Referred to the Subcommittee on Human Resources. 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.