3.0.0 2348 2023-01-11T13:36:49Z 2023-01-11T13:36:49Z House HR 2017-05-03 115 [Congressional Record Volume 163, Number 76 (Wednesday, May 3, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. TORRES:H.R. 2348.Congress has the power to enact this legislation pursuantto the following:Article 1: Section 8: Clause 18: To make all Laws whichshall be necessary and proper for carrying into Execution theforegoing Powers, and all other Powers vested by thisConstitution in the Government of the United States, or inany Department or Officer thereof.[Page H3325]]]> hswm00 Ways and Means Committee House Standing Referred to 2017-05-03T14:01:25Z Supplemental Nutrition Assistance Program Reform Act of 2017 115 2996 HR 2017-07-11 Referred to the Subcommittee on Nutrition. Related bill CRS To amend title 49, United States Code, to ensure reliable air service in American Samoa. 115 276 HR 2017-02-01 Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation. Identical bill CRS 2017-05-03 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2017-05-03 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-05-03 Introduced in House IntroReferral 1000 9 Library of Congress T000474 Rep. Torres, Norma J. [D-CA-35] Norma Torres D CA J. 35 N Transportation and Public Works Government trust funds Infrastructure development Public transit Roads and highways Securities Transportation programs funding Transportation and Public Works 00 2017-05-03 Introduced in House 2017-11-06T20:30:55Z American Infrastructure Opportunity Bonds Act

This bill directs the Department of the Treasury, when the real rate (the interest rate on outstanding marketable U.S. obligations with remaining maturity periods of approximately one year minus the inflation rate) equals zero percent or less, to:

  • issue government bonds (American Infrastructure Opportunity Bonds) with a face value of $20 billion; and
  • deposit amounts equivalent to the proceeds from such issuance into the Highway Trust Fund (HTF), of which 20% shall be deposited into the Mass Transit Account.
]]> American Infrastructure Opportunity Bonds Act Display Title American Infrastructure Opportunity Bonds Act Official Title as Introduced To require the Secretary of the Treasury to issue American Infrastructure Opportunity Bonds when the real rate equals zero percent or less and deposit the proceeds from such bonds into the Highway Trust Fund, and for other purposes. Introduced in House IH Short Titles as Introduced American Infrastructure Opportunity Bonds Act Introduced in House 2017-05-03T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr2348ih/xml/BILLS-115hr2348ih.xml 2017-05-03 Referred to the House Committee on Ways and Means. 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.