[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 341 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 341

      To amend title 23, United States Code, to increase certain 
       infrastructure finance provisions, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 19, 2011

Ms. Eddie Bernice Johnson of Texas introduced the following bill; which 
   was referred to the Committee on Transportation and Infrastructure

_______________________________________________________________________

                                 A BILL


 
      To amend title 23, United States Code, to increase certain 
       infrastructure finance provisions, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Transportation Infrastructure 
Finance and Innovation Act of 2011'' or ``TIFIA of 2011''.

SEC. 2. SECURED LOANS.

    (a) Maximum Amount.--Section 603(b) of title 23, United States 
Code, is amended as follows:
            (1) in paragraph (2) by striking ``33'' and inserting 
        ``49''; and
            (2) in paragraph (6) by inserting after ``project 
        obligations'' the following: ``entered into after (not 
        including such obligations issued to refund prior project 
        obligations), or not contemplated by the parties at the time, 
        the agreement to provide the secured loan is entered into under 
        this section''.

SEC. 3. LINES OF CREDIT.

    Section 604(b) of title 23, United States Code, is amended as 
follows:
            (1) in paragraph (2) by striking ``33'' and inserting 
        ``49''; and
            (2) in paragraph (8) by inserting after ``project 
        obligations'' the following: ``entered into after (not 
        including such obligations issued to refund prior project 
        obligations), or not contemplated by the parties at the time, 
        the agreement to provide the line of credit is entered into 
        under this section''.

SEC. 4. FUNDING.

    Section 608(a) of title 23, United States Code, is amended as 
follows:
            (1) in paragraph (1) by striking ``each of fiscal years 
        2005 through 2009.'' and inserting ``fiscal year 2011 and 
        $285,000,000 for each of fiscal years 2012 through 2016.''; and
            (2) in paragraph (3) by striking ``each of fiscal years 
        2005 through 2009.'' and inserting ``fiscal year 2011 and 
        $5,000,000 for each of fiscal years 2012 through 2016.''
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