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    [Appendix]
    [Detailed Budget Estimates by Agency]
    [Infrastructure Initiative ]
    [From the U.S. Government Publishing Office, www.gpo.gov]

             <h1>INFRASTRUCTURE INITIATIVE

             </h1>

          INFRASTRUCTURE INITIATIVE

          Federal Funds
             Infrastructure Incentives

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 999–0013–4–1–923
                      2017 actual
                      2018 est.
                      2019 est.

                      Obligations by program activity:

                      0001
                      Direct program activity -Infrastructure Incentives Grants

                      10,000

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)

                      10,000

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      100,000

                      1930
                      Total budgetary resources available

                      100,000

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year

                      90,000

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      10,000

                      3020
                      Outlays (gross)

                      –1,000

                      3050
                      Unpaid obligations, end of year

                      9,000

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      9,000

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      100,000

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      1,000

                      4180
                      Budget authority, net (total)

                      100,000

                      4190
                      Outlays, net (total)

                      1,000

             This account provides $100 billion in resources for the Infrastructure Incentives program. This program, a major component
                of the Administration's Infrastructure Initiative, will provide infrastructure project grants to eligible public entities
                that take certain actions to increase infrastructure investment and maintenance, such as securing new non-Federal revenue
                for infrastructure investments, deploying innovative technologies, and streamlining project delivery. The grants will support
                a wide-range of infrastructure asset classes, including surface transportation and airports, passenger rail, maritime and
                inland waterway ports, flood control, water supply, hydropower, water resources, drinking water facilities, wastewater facilities,
                storm-water facilities, and Brownfield and Superfund sites.

             The Department of Transportation (DOT), United States Army Corps of Engineers (USACE), and Environmental Protection Agency
                (EPA) will administer the program. Other Federal agencies seeking to issue grants under this program within their areas of
                jurisdiction may petition DOT, USACE, or EPA for a transfer of funds. Entities eligible include, but are not limited to, States,
                the District of Columbia, tribal governments, U.S. Territories, metropolitan planning organizations, units of local governments,
                special purpose districts or public authorities responsible for maintaining infrastructure, public-owned or -regulated water
                utilities, non-profit entities, and private entities with a public sponsor.

             Each Federal agency will solicit applications as soon as practicable after enactment of the program, and every six months
                thereafter. Agencies will evaluate and score each application based on specific, quantifiable criteria. The primary criterion
                is how the applicant will secure and commit new, non-Federal revenue to create sustainable, long-term funding for infrastructure
                investments. An application's score (and grant) will also account for the percentage of non-Federal revenues that will be
                used to fund the eligible project(s). To ensure applicants may receive grants for actions that are consistent with the program's
                purposes, but occurred prior to the program's enactment, a look-back period of three years with an application rating sliding-scale
                is provided.

             Rural Infrastructure

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 999–0011–4–1–452
                      2017 actual
                      2018 est.
                      2019 est.

                      Obligations by program activity:

                      0001
                      Formula Grants to States

                      40,000

                      0002
                      Performance Grants

                      4,000

                      0003
                      Tribal Subsidies

                      1,000

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)

                      45,000

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation—Formula Grants to States

                      40,000

                      1200
                      Appropriation—Performance Grants

                      9,000

                      1200
                      Appropriation—Tribal Subsidies

                      1,000

                      1260
                      Appropriations, mandatory (total)

                      50,000

                      1930
                      Total budgetary resources available

                      50,000

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year

                      5,000

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      45,000

                      3020
                      Outlays (gross)

                      –41,350

                      3050
                      Unpaid obligations, end of year

                      3,650

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      3,650

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      50,000

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      41,350

                      4180
                      Budget authority, net (total)

                      50,000

                      4190
                      Outlays, net (total)

                      41,350

             This account provides $50 billion in resources to support the Rural Infrastructure program. This program, a major component
                of the Administration's Infrastructure Initiative, will encourage significant investment in rural infrastructure to enable
                prosperous rural economies, facilitate freight movement, improve access to reliable and affordable transportation options,
                and enhance health and safety for residents, businesses, and visitors. Eligible projects for program funding include transportation,
                broadband, water and waste, power and electric, and water resources projects.

             Eighty percent of the program's funds will be provided to each State's Governor via a formula distribution. The formula will
                consider the State's total rural population and rural lane miles. Governors, in consultation with a designated Federal agency
                and State directors of rural development, will have discretion to choose investments that respond to the unique rural needs
                of their States. There will be a minimum and a maximum amount of funding that a State may receive under the formula distribution.

             Twenty percent of the funds made available to States will be reserved for competitive rural performance grants for additional
                funding for eligible asset classes and according to specified criteria. In order to qualify for rural performance grants,
                a State must publish a comprehensive rural infrastructure investment plan for the formula funds received that demonstrates
                how the identified projects align with specific evaluation criteria. Rural performance grants will be distributed as block
                grants without any Federal requirements attached. However, the grants must be used for core infrastructure projects in rural
                areas with a population of less than 50,000.

             The Rural Infrastructure program will invest in tribal infrastructure by providing dedicated funding under the performance
                grants allocation for DOT's Tribal Transportation Program, and to the Department of the Interior (DOI) for grants or awards
                to Tribes determined by a process created in consultation with Tribes. The Rural Infrastructure program will also provide
                dedicated funding to address core infrastructure needs of the U.S. Territories.

             Transformative Projects

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 999–0012–4–1–923
                      2017 actual
                      2018 est.
                      2019 est.

                      Obligations by program activity:

                      0001
                      Demonstration Track

                      500

                      0002
                      Project Planning Track

                      500

                      0003
                      Capital Construction Track

                      500

                      0900
                      Total new obligations, unexpired accounts

                      1,500

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      20,040

                      1930
                      Total budgetary resources available

                      20,040

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year

                      18,540

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      1,500

                      3020
                      Outlays (gross)

                      –15

                      3050
                      Unpaid obligations, end of year

                      1,485

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      1,485

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      20,040

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      15

                      4180
                      Budget authority, net (total)

                      20,040

                      4190
                      Outlays, net (total)

                      15

             This account provides $20 billion for the Transformative Projects program. This program will provide Federal funding and technical
                assistance for bold, innovative, and transformative infrastructure projects that could dramatically improve infrastructure
                services and conditions. Funding will be awarded on a competitive basis to projects that are likely to be commercially viable,
                but that possess unique technical and risk characteristics that deter private sector investment. With Federal support, these
                projects are capable of generating revenue, will provide net public benefits, and will have a significant positive impact
                on the Nation, a region, State, or metropolitan area. Infrastructure sectors covered by the program include, but are not limited
                to, the transportation, clean water, drinking water, energy, commercial space, and broadband sectors. Entities eligible for
                program assistance include, but are not limited to, States, the District of Columbia, tribal governments, U.S. Territories,
                metropolitan planning organizations, units of local governments, public utilities, special purpose districts or public authorities
                responsible for maintaining infrastructure, multijurisdictional groups of eligible entities, and private corporations or non-profit
                organizations with a non-Federal public sponsor.

             Funding under this program will be available under three tracks: 1) a Demonstration Track for the planning, construction,
                deployment, and evaluation of demonstration trials (Federal share capped at 30 percent per project); 2) a Project Planning
                Track for final pre-construction activities, including final design and engineering (Federal share capped at 50 percent per
                project); and 3) a Capital Construction Track for the construction of a capital project (Federal share capped at 80 percent
                per project). As a condition for Capital Construction Track financial assistance, an applicant will be required to enter into
                a partnership agreement with the Federal Government providing terms for the Federal Government to share in any project value.
                Technical assistance under the program could include support to navigate Federal regulatory, policy, and administrative processes.

             The Department of Commerce (DOC) will administer the transformative projects program and the Secretary will chair an interagency
                selection committee composed of the principals of relevant Federal agencies. Given the multidisciplinary nature of the program,
                interagency evaluation panels comprised of individuals from the applicable Federal agencies will review and evaluate all applications.
                DOC, in consultation with the applicable Federal agencies, will annually publish a Notice of Funding Opportunity, soliciting
                applications and providing details on program requirements, evaluation criteria, and the selection process. Applicants selected
                for award will enter into a partnership agreement with the Federal Government that specifies the terms and conditions of the
                award, major milestones, and other key metrics to assess performance.

          Object Classification (in millions of dollars)

                      Identification code 999–0012–4–1–923
                      2017 actual
                      2018 est.
                      2019 est.

                      Direct obligations:

                      25.1
                      Advisory and assistance services

                      500

                      41.0
                      Grants, subsidies, and contributions

                      1,000

                      99.9
                      Total new obligations, unexpired accounts

                      1,500

             Federal Capital Revolving Fund

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 999–4123–4–4–804
                      2017 actual
                      2018 est.
                      2019 est.

                      Obligations by program activity:

                      0001
                      Transfer for acquisition of real property

                      2,000

                      0900
                      Total new obligations, unexpired accounts (object class 94.0)

                      2,000

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      10,000

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected

                      133

                      1900
                      Budget authority (total)

                      10,133

                      1930
                      Total budgetary resources available

                      10,133

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year

                      8,133

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      2,000

                      3020
                      Outlays (gross)

                      –2,000

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      10,133

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      2,000

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4120
                      Federal sources

                      –133

                      4180
                      Budget authority, net (total)

                      10,000

                      4190
                      Outlays, net (total)

                      1,867

             This account provides $10 billion to support a new Federal Capital Revolving Fund to finance purchases of Federally-owned
                civilian real property. Too often, tight spending limits mean that purchases are not funded, and agencies must resort to signing
                long-term leases. These are always more expensive to taxpayers over the long-run because Treasury can always borrow at the
                lowest rate. Rent is obligated one year at a time, so the lease payments can fit within the agency's budget without disrupting
                other needs. In contrast, private firms and State and local governments budget for purchases of real property in separate
                capital budgets so that real property purchases do not compete with annual operating needs. This allows proposed purchases
                to be compared to each other and ranked such that the ones with the highest return on investment are funded.

             The revolving fund will create a mechanism that is similar to a capital budget but operates within the traditional rules used
                for the Federal budget. Upon approval in an Appropriations Act, the revolving fund will transfer money to agencies to finance
                large-dollar real property purchases. Purchasing agencies will then be required to repay the fund in 15 equal annual amounts
                using discretionary appropriations.

             As a result, purchases of real property assets will no longer compete with annual operating and programmatic expenses for
                the limited funding available under tight discretionary caps. Instead, agencies will pay for real property over time as it
                is utilized. Repayments will be made from future appropriations, which will incentivize project selection based on highest
                mission need and return on investment, including future cost avoidance. The repayments will also replenish the revolving fund
                so that real property can continually be replaced as needed.

             The first project executed through the Federal Capital Revolving Fund will address the requirements of the Federal Bureau
                of Investigation (FBI) headquarters. This unique project will support the long term mission requirements of the FBI headquarters.
                The General Services Administration and the FBI will work collaboratively on completing this vital project. The amounts shown
                in the Federal Capital Revolving Fund for the project cost is an estimate and will be finalized as the requirements are definitively
                identified.

             Infrastructure Credit Programs Program Account

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 999–0010–4–1–923
                      2017 actual
                      2018 est.
                      2019 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0701
                      Direct loan subsidy

                      2,800

                      0900
                      Total new obligations, unexpired accounts (object class 41.0)

                      2,800

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      14,000

                      1930
                      Total budgetary resources available

                      14,000

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year

                      11,200

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      2,800

                      3020
                      Outlays (gross)

                      –311

                      3050
                      Unpaid obligations, end of year

                      2,489

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      2,489

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      14,000

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      311

                      4180
                      Budget authority, net (total)

                      14,000

                      4190
                      Outlays, net (total)

                      311

          Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)

                      Identification code 999–0010–4–1–923
                      2017 actual
                      2018 est.
                      2019 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115001
                      Direct loan levels

                      28,000

                      Direct loan subsidy (in percent):

                      132001
                      Subsidy rate
                      0.00
                      0.00
                      10.00

                      132999
                      Weighted average subsidy rate
                      0.00
                      0.00
                      10.00

                      Direct loan subsidy budget authority:

                      133001
                      Subsidy budget authority

                      2,800

                      Direct loan subsidy outlays:

                      134001
                      Net subsidy outlays

                      311

             This account provides $14 billion in additional credit subsidy Budget Authority over current levels to expand existing transportation,
                water, and rural infrastructure credit programs to help finance a broader range of infrastructure needs. This funding will
                be allocated to the Department of Transportation's Transportation Infrastructure Finance and Innovation Act (TIFIA) and Railroad
                Rehabilitation and Improvement Financing (RRIF) programs, the Environmental Protection Agency's Water Infrastructure Finance
                and Innovation Act (WIFIA) program, and the Department of Agriculture's rural utilities lending programs. The Infrastructure
                Initiative also proposes amendments to these credit programs that will expand eligibility and maximize utilization of new
                funding.

             The additional funding, available until 2028, will give State and local governments increased opportunity to finance large-scale
                infrastructure projects by supplementing private sector debt, or providing long-term construction financing to projects unable
                to access credit in the private market. All funds remaining in the credit programs 10 years after enactment of the Infrastructure
                Initiative will be diverted to the Federal Capital Revolving Fund in order to allow for the efficient acquisition of real
                property.

             Infrastructure Credit Programs Financing Account

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 999–4124–4–3–923
                      2017 actual
                      2018 est.
                      2019 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0710
                      Direct loan obligations

                      28,000

                      0900
                      Total new obligations, unexpired accounts

                      28,000

                      Budgetary resources:

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority

                      25,200

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected

                      311

                      1801
                      Change in uncollected payments, Federal sources

                      2,489

                      1850
                      Spending auth from offsetting collections, mand (total)

                      2,800

                      1900
                      Budget authority (total)

                      28,000

                      1930
                      Total budgetary resources available

                      28,000

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      New obligations, unexpired accounts

                      28,000

                      3020
                      Outlays (gross)

                      –3,111

                      3050
                      Unpaid obligations, end of year

                      24,889

                      Uncollected payments:

                      3070
                      Change in uncollected pymts, Fed sources, unexpired

                      –2,489

                      3090
                      Uncollected pymts, Fed sources, end of year

                      –2,489

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      22,400

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      28,000

                      Financing disbursements:

                      4110
                      Outlays, gross (total)

                      3,111

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Federal sources

                      –311

                      Additional offsets against financing authority only (total):

                      4140
                      Change in uncollected pymts, Fed sources, unexpired

                      –2,489

                      4160
                      Budget authority, net (mandatory)

                      25,200

                      4170
                      Outlays, net (mandatory)

                      2,800

                      4180
                      Budget authority, net (total)

                      25,200

                      4190
                      Outlays, net (total)

                      2,800

          Status of Direct Loans (in millions of dollars)

                      Identification code 999–4124–4–3–923
                      2017 actual
                      2018 est.
                      2019 est.

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority

                      28,000

                      1150
                      Total direct loan obligations

                      28,000

                      Cumulative balance of direct loans outstanding:

                      1231
                      Disbursements: Direct loan disbursements

                      3,111

                      1290
                      Outstanding, end of year

                      3,111

             GENERAL FUND RECEIPT ACCOUNTS

             (in millions of dollars)

                      2017 actual
                      2018 est.
                      2019 est.

                      Governmental receipts:

                      999–011510
                      Private Activity Bonds Proposal: Legislative proposal, subject to PAYGO

                      –21

                      999–011520
                      Private Activity Bonds, Corporate: Legislative proposal, subject to PAYGO

                      –10

                      General Fund Governmental receipts

                      –31