3.0.0 2895 2023-03-08T19:58:10Z 2023-03-08T19:58:10Z House HR 2021-04-28 117 [Congressional Record Volume 167, Number 73 (Wednesday, April 28, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PETERS:H.R. 2895.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H2128]]]> hspw00 Transportation and Infrastructure Committee House Standing hspw02 Water Resources and Environment Subcommittee Referred to 2021-04-29T18:38:51Z hspw14 Railroads, Pipelines, and Hazardous Materials Subcommittee Referred to 2021-04-29T18:38:39Z hspw12 Highways and Transit Subcommittee Referred to 2021-04-29T18:38:27Z hspw07 Coast Guard and Maritime Transportation Subcommittee Referred to 2021-04-29T18:38:15Z Referred to 2021-04-28T22:03:35Z hsbu00 Budget Committee House Standing Referred to 2021-04-28T22:03:45Z hswm00 Ways and Means Committee House Standing Referred to 2021-04-28T22:03:40Z REPAIR Act 117 1499 S 2021-04-29 Read twice and referred to the Committee on Finance. Identical bill CRS 2021-04-29 hspw02 Water Resources and Environment Subcommittee 1 House committee actions Referred to the Subcommittee on Water Resources and Environment. Committee 2021-04-29 hspw14 Railroads, Pipelines, and Hazardous Materials Subcommittee 1 House committee actions Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials. Committee 2021-04-29 hspw12 Highways and Transit Subcommittee 1 House committee actions Referred to the Subcommittee on Highways and Transit. Committee 2021-04-29 hspw07 Coast Guard and Maritime Transportation Subcommittee 1 House committee actions Referred to the Subcommittee on Coast Guard and Maritime Transportation. Committee 2021-04-28 Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Ways and Means, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsbu00 Budget Committee 2021-04-28 Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Ways and Means, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2021-04-28 Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Ways and Means, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2021-04-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-04-28 Introduced in House IntroReferral 1000 9 Library of Congress P000608 Rep. Peters, Scott H. [D-CA-52] Scott Peters D CA H. 52 N G000588 Rep. Gonzalez, Anthony [R-OH-16] Anthony Gonzalez R OH 16 2021-04-28 True Transportation and Public Works Aviation and airports Dams and canals Electric power generation and transmission Energy storage, supplies, demand Environmental assessment, monitoring, research Government corporations and government-sponsored enterprises Government lending and loan guarantees Income tax exclusion Infrastructure development Licensing and registrations Marine and inland water transportation Navigation, waterways, harbors Public transit Public-private cooperation Railroads Roads and highways Rural conditions and development Securities State and local finance Transportation programs funding Water quality Water resources funding Water use and supply Transportation and Public Works 00 2021-04-28 Introduced in House 2021-06-25T18:33:24Z Reinventing Economic Partnerships And Infrastructure Redevelopment Act or the REPAIR Act

This bill addresses the financing of infrastructure projects through the establishment of the Infrastructure Financing Authority (IFA) and increases the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.

Specifically, the bill

  • directs the IFA to provide direct loans and loan guarantees to facilitate certain infrastructure projects that are economically viable, in the public interest, and of regional or national significance, including the construction, consolidation, alteration, or repair of airports and air traffic control systems, highway facilities, and transmission or distribution pipelines;
  • sets forth terms and limitations on direct loans and loan guarantees;
  • establishes a funding mechanism to make the IFA a self-sustaining entity, including through fees and risk premiums on loans and loan guarantees; and
  • increases from $15 billion to $16 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.


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REPAIR Act Display Title REPAIR Act Official Title as Introduced To facilitate efficient investments and financing of infrastructure projects and new, long-term job creation through the establishment of an Infrastructure Financing Authority, and for other purposes. Introduced in House IH Short Title(s) as Introduced REPAIR Act Introduced in House IH Short Title(s) as Introduced Reinventing Economic Partnerships And Infrastructure Redevelopment Act Introduced in House IH Introduced in House 2021-04-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr2895ih/xml/BILLS-117hr2895ih.xml 2021-04-29 Referred to the Subcommittee on Water Resources and Environment. 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.