3.0.0 941 2023-03-08T20:12:35Z 2023-03-08T20:12:35Z Senate S 2021-03-24 117 ssev00 Environment and Public Works Committee Senate Standing Referred to 2021-03-24T16:35:23Z Surface Transportation Reauthorization Act of 2021 117 1931 S 2021-10-06 By Senator Carper from Committee on Environment and Public Works filed written report. Report No. 117-41. Related bill CRS RAPID Act 117 3651 HR 2021-06-02 Referred to the Subcommittee on Highways and Transit. Identical bill CRS Surface Transportation Reauthorization Act of 2021 117 1953 S 2021-05-27 Read twice and referred to the Committee on Environment and Public Works. Related bill CRS 2021-03-24 ssev00 Environment and Public Works Committee Senate Read twice and referred to the Committee on Environment and Public Works. IntroReferral 2021-03-24 Introduced in Senate IntroReferral 10000 9 Library of Congress C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX N K000384 Sen. Kaine, Tim [D-VA] Timothy Kaine D VA M. 2021-03-24 True Transportation and Public Works Government information and archives Government lending and loan guarantees Public transit Roads and highways Transportation programs funding Transportation and Public Works 00 2021-03-24 Introduced in Senate 2021-08-23T18:19:58Z Revitalizing American Priorities for Infrastructure Development Act or the RAPID Act

This bill revises the transportation infrastructure finance and innovation (TIFIA) program to (1) require program applicants to obtain investment grade ratings from at least two credit rating agencies, unless the federal credit instrument is less than $150 million (currently, less than $75 million), in which case one rating will suffice; (2) require the Department of Transportation (DOT) to implement an expedited decision time line for public agency borrowers seeking secured loans; and (3) require DOT to publish status reports on program applications on the TIFIA website.

]]> RAPID Act Display Title RAPID Act Official Title as Introduced A bill to amend title 23, United States Code, to improve the transportation infrastructure finance and innovation (TIFIA) program, and for other purposes. Introduced in Senate IS Short Title(s) as Introduced RAPID Act Introduced in Senate IS Short Title(s) as Introduced Revitalizing American Priorities for Infrastructure Development Act Introduced in Senate IS Introduced in Senate 2021-03-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s941is/xml/BILLS-117s941is.xml 2021-03-24 Read twice and referred to the Committee on Environment and Public Works. 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.