<billStatus>
 <version>
  3.0.0
 </version>
 <bill>
  <number>
   2895
  </number>
  <updateDate>
   2023-03-08T19:58:10Z
  </updateDate>
  <updateDateIncludingText>
   2023-03-08T19:58:10Z
  </updateDateIncludingText>
  <originChamber>
   House
  </originChamber>
  <type>
   HR
  </type>
  <introducedDate>
   2021-04-28
  </introducedDate>
  <congress>
   117
  </congress>
  <constitutionalAuthorityStatementText>
   &lt;pre&gt;[Congressional Record Volume 167, Number 73 (Wednesday, April 28, 2021)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. PETERS:H.R. 2895.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H2128]&lt;/pre&gt;
  </constitutionalAuthorityStatementText>
  <committees>
   <item>
    <systemCode>
     hspw00
    </systemCode>
    <name>
     Transportation and Infrastructure Committee
    </name>
    <chamber>
     House
    </chamber>
    <type>
     Standing
    </type>
    <subcommittees>
     <item>
      <systemCode>
       hspw02
      </systemCode>
      <name>
       Water Resources and Environment Subcommittee
      </name>
      <activities>
       <item>
        <name>
         Referred to
        </name>
        <date>
         2021-04-29T18:38:51Z
        </date>
       </item>
      </activities>
     </item>
     <item>
      <systemCode>
       hspw14
      </systemCode>
      <name>
       Railroads, Pipelines, and Hazardous Materials Subcommittee
      </name>
      <activities>
       <item>
        <name>
         Referred to
        </name>
        <date>
         2021-04-29T18:38:39Z
        </date>
       </item>
      </activities>
     </item>
     <item>
      <systemCode>
       hspw12
      </systemCode>
      <name>
       Highways and Transit Subcommittee
      </name>
      <activities>
       <item>
        <name>
         Referred to
        </name>
        <date>
         2021-04-29T18:38:27Z
        </date>
       </item>
      </activities>
     </item>
     <item>
      <systemCode>
       hspw07
      </systemCode>
      <name>
       Coast Guard and Maritime Transportation Subcommittee
      </name>
      <activities>
       <item>
        <name>
         Referred to
        </name>
        <date>
         2021-04-29T18:38:15Z
        </date>
       </item>
      </activities>
     </item>
    </subcommittees>
    <activities>
     <item>
      <name>
       Referred to
      </name>
      <date>
       2021-04-28T22:03:35Z
      </date>
     </item>
    </activities>
   </item>
   <item>
    <systemCode>
     hsbu00
    </systemCode>
    <name>
     Budget Committee
    </name>
    <chamber>
     House
    </chamber>
    <type>
     Standing
    </type>
    <activities>
     <item>
      <name>
       Referred to
      </name>
      <date>
       2021-04-28T22:03:45Z
      </date>
     </item>
    </activities>
   </item>
   <item>
    <systemCode>
     hswm00
    </systemCode>
    <name>
     Ways and Means Committee
    </name>
    <chamber>
     House
    </chamber>
    <type>
     Standing
    </type>
    <activities>
     <item>
      <name>
       Referred to
      </name>
      <date>
       2021-04-28T22:03:40Z
      </date>
     </item>
    </activities>
   </item>
  </committees>
  <relatedBills>
   <item>
    <title>
     REPAIR Act
    </title>
    <congress>
     117
    </congress>
    <number>
     1499
    </number>
    <type>
     S
    </type>
    <latestAction>
     <actionDate>
      2021-04-29
     </actionDate>
     <text>
      Read twice and referred to the Committee on Finance.
     </text>
    </latestAction>
    <relationshipDetails>
     <item>
      <type>
       Identical bill
      </type>
      <identifiedBy>
       CRS
      </identifiedBy>
     </item>
    </relationshipDetails>
   </item>
  </relatedBills>
  <actions>
   <item>
    <actionDate>
     2021-04-29
    </actionDate>
    <committees>
     <item>
      <systemCode>
       hspw02
      </systemCode>
      <name>
       Water Resources and Environment Subcommittee
      </name>
     </item>
    </committees>
    <sourceSystem>
     <code>
      1
     </code>
     <name>
      House committee actions
     </name>
    </sourceSystem>
    <text>
     Referred to the Subcommittee on Water Resources and Environment.
    </text>
    <type>
     Committee
    </type>
   </item>
   <item>
    <actionDate>
     2021-04-29
    </actionDate>
    <committees>
     <item>
      <systemCode>
       hspw14
      </systemCode>
      <name>
       Railroads, Pipelines, and Hazardous Materials Subcommittee
      </name>
     </item>
    </committees>
    <sourceSystem>
     <code>
      1
     </code>
     <name>
      House committee actions
     </name>
    </sourceSystem>
    <text>
     Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
    </text>
    <type>
     Committee
    </type>
   </item>
   <item>
    <actionDate>
     2021-04-29
    </actionDate>
    <committees>
     <item>
      <systemCode>
       hspw12
      </systemCode>
      <name>
       Highways and Transit Subcommittee
      </name>
     </item>
    </committees>
    <sourceSystem>
     <code>
      1
     </code>
     <name>
      House committee actions
     </name>
    </sourceSystem>
    <text>
     Referred to the Subcommittee on Highways and Transit.
    </text>
    <type>
     Committee
    </type>
   </item>
   <item>
    <actionDate>
     2021-04-29
    </actionDate>
    <committees>
     <item>
      <systemCode>
       hspw07
      </systemCode>
      <name>
       Coast Guard and Maritime Transportation Subcommittee
      </name>
     </item>
    </committees>
    <sourceSystem>
     <code>
      1
     </code>
     <name>
      House committee actions
     </name>
    </sourceSystem>
    <text>
     Referred to the Subcommittee on Coast Guard and Maritime Transportation.
    </text>
    <type>
     Committee
    </type>
   </item>
   <item>
    <actionDate>
     2021-04-28
    </actionDate>
    <text>
     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.
    </text>
    <type>
     IntroReferral
    </type>
    <actionCode>
     H11100
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
    <committees>
     <item>
      <systemCode>
       hsbu00
      </systemCode>
      <name>
       Budget Committee
      </name>
     </item>
    </committees>
   </item>
   <item>
    <actionDate>
     2021-04-28
    </actionDate>
    <text>
     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.
    </text>
    <type>
     IntroReferral
    </type>
    <actionCode>
     H11100
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
    <committees>
     <item>
      <systemCode>
       hswm00
      </systemCode>
      <name>
       Ways and Means Committee
      </name>
     </item>
    </committees>
   </item>
   <item>
    <actionDate>
     2021-04-28
    </actionDate>
    <text>
     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.
    </text>
    <type>
     IntroReferral
    </type>
    <actionCode>
     H11100
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
    <committees>
     <item>
      <systemCode>
       hspw00
      </systemCode>
      <name>
       Transportation and Infrastructure Committee
      </name>
     </item>
    </committees>
   </item>
   <item>
    <actionDate>
     2021-04-28
    </actionDate>
    <text>
     Introduced in House
    </text>
    <type>
     IntroReferral
    </type>
    <actionCode>
     Intro-H
    </actionCode>
    <sourceSystem>
     <code>
      9
     </code>
     <name>
      Library of Congress
     </name>
    </sourceSystem>
   </item>
   <item>
    <actionDate>
     2021-04-28
    </actionDate>
    <text>
     Introduced in House
    </text>
    <type>
     IntroReferral
    </type>
    <actionCode>
     1000
    </actionCode>
    <sourceSystem>
     <code>
      9
     </code>
     <name>
      Library of Congress
     </name>
    </sourceSystem>
   </item>
  </actions>
  <sponsors>
   <item>
    <bioguideId>
     P000608
    </bioguideId>
    <fullName>
     Rep. Peters, Scott H. [D-CA-52]
    </fullName>
    <firstName>
     Scott
    </firstName>
    <lastName>
     Peters
    </lastName>
    <party>
     D
    </party>
    <state>
     CA
    </state>
    <middleName>
     H.
    </middleName>
    <district>
     52
    </district>
    <isByRequest>
     N
    </isByRequest>
   </item>
  </sponsors>
  <cosponsors>
   <item>
    <bioguideId>
     G000588
    </bioguideId>
    <fullName>
     Rep. Gonzalez, Anthony [R-OH-16]
    </fullName>
    <firstName>
     Anthony
    </firstName>
    <lastName>
     Gonzalez
    </lastName>
    <party>
     R
    </party>
    <state>
     OH
    </state>
    <district>
     16
    </district>
    <sponsorshipDate>
     2021-04-28
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
  </cosponsors>
  <policyArea>
   <name>
    Transportation and Public Works
   </name>
  </policyArea>
  <subjects>
   <legislativeSubjects>
    <item>
     <name>
      Aviation and airports
     </name>
    </item>
    <item>
     <name>
      Dams and canals
     </name>
    </item>
    <item>
     <name>
      Electric power generation and transmission
     </name>
    </item>
    <item>
     <name>
      Energy storage, supplies, demand
     </name>
    </item>
    <item>
     <name>
      Environmental assessment, monitoring, research
     </name>
    </item>
    <item>
     <name>
      Government corporations and government-sponsored enterprises
     </name>
    </item>
    <item>
     <name>
      Government lending and loan guarantees
     </name>
    </item>
    <item>
     <name>
      Income tax exclusion
     </name>
    </item>
    <item>
     <name>
      Infrastructure development
     </name>
    </item>
    <item>
     <name>
      Licensing and registrations
     </name>
    </item>
    <item>
     <name>
      Marine and inland water transportation
     </name>
    </item>
    <item>
     <name>
      Navigation, waterways, harbors
     </name>
    </item>
    <item>
     <name>
      Public transit
     </name>
    </item>
    <item>
     <name>
      Public-private cooperation
     </name>
    </item>
    <item>
     <name>
      Railroads
     </name>
    </item>
    <item>
     <name>
      Roads and highways
     </name>
    </item>
    <item>
     <name>
      Rural conditions and development
     </name>
    </item>
    <item>
     <name>
      Securities
     </name>
    </item>
    <item>
     <name>
      State and local finance
     </name>
    </item>
    <item>
     <name>
      Transportation programs funding
     </name>
    </item>
    <item>
     <name>
      Water quality
     </name>
    </item>
    <item>
     <name>
      Water resources funding
     </name>
    </item>
    <item>
     <name>
      Water use and supply
     </name>
    </item>
   </legislativeSubjects>
   <policyArea>
    <name>
     Transportation and Public Works
    </name>
   </policyArea>
  </subjects>
  <summaries>
   <summary>
    <versionCode>
     00
    </versionCode>
    <actionDate>
     2021-04-28
    </actionDate>
    <actionDesc>
     Introduced in House
    </actionDesc>
    <updateDate>
     2021-06-25T18:33:24Z
    </updateDate>
    <text>
     &lt;p&gt;&lt;strong&gt;Reinventing Economic Partnerships And Infrastructure Redevelopment Act or the REPAIR Act&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;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.&lt;/p&gt; &lt;p&gt;Specifically, the bill&lt;/p&gt; &lt;ul&gt; &lt;li&gt;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;&lt;/li&gt; &lt;li&gt;sets forth terms and limitations on direct loans and loan guarantees; &lt;/li&gt; &lt;li&gt;establishes a funding mechanism to make the IFA a self-sustaining entity, including through fees and risk premiums on loans and loan guarantees; and&lt;/li&gt; &lt;li&gt;increases from $15 billion to $16 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&lt;br&gt; &lt;/p&gt; &lt;p&gt;
    </text>
   </summary>
  </summaries>
  <title>
   REPAIR Act
  </title>
  <titles>
   <item>
    <titleType>
     Display Title
    </titleType>
    <title>
     REPAIR Act
    </title>
   </item>
   <item>
    <titleType>
     Official Title as Introduced
    </titleType>
    <title>
     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.
    </title>
    <billTextVersionName>
     Introduced in House
    </billTextVersionName>
    <billTextVersionCode>
     IH
    </billTextVersionCode>
   </item>
   <item>
    <titleType>
     Short Title(s) as Introduced
    </titleType>
    <title>
     REPAIR Act
    </title>
    <billTextVersionName>
     Introduced in House
    </billTextVersionName>
    <billTextVersionCode>
     IH
    </billTextVersionCode>
   </item>
   <item>
    <titleType>
     Short Title(s) as Introduced
    </titleType>
    <title>
     Reinventing Economic Partnerships And Infrastructure Redevelopment Act
    </title>
    <billTextVersionName>
     Introduced in House
    </billTextVersionName>
    <billTextVersionCode>
     IH
    </billTextVersionCode>
   </item>
  </titles>
  <textVersions>
   <item>
    <type>
     Introduced in House
    </type>
    <date>
     2021-04-28T04:00:00Z
    </date>
    <formats>
     <item>
      <url>
       https://www.govinfo.gov/content/pkg/BILLS-117hr2895ih/xml/BILLS-117hr2895ih.xml
      </url>
     </item>
    </formats>
   </item>
  </textVersions>
  <latestAction>
   <actionDate>
    2021-04-29
   </actionDate>
   <text>
    Referred to the Subcommittee on Water Resources and Environment.
   </text>
  </latestAction>
 </bill>
 <dublinCore xmlns:dc="http://purl.org/dc/elements/1.1/">
  <dc:format>
   text/xml
  </dc:format>
  <dc:language>
   EN
  </dc:language>
  <dc:rights>
   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.
  </dc:rights>
  <dc:contributor>
   Congressional Research Service, Library of Congress
  </dc:contributor>
  <dc:description>
   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.
  </dc:description>
 </dublinCore>
</billStatus>

2021-04-29
Water Resources and Environment Subcommittee
hspw02
1
House committee actions
Referred to the Subcommittee on Water Resources and Environment.
Committee
2021-04-29
Railroads, Pipelines, and Hazardous Materials Subcommittee
hspw14
1
House committee actions
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Committee
2021-04-29
Highways and Transit Subcommittee
hspw12
1
House committee actions
Referred to the Subcommittee on Highways and Transit.
Committee
2021-04-29
Coast Guard and Maritime Transportation Subcommittee
hspw07
1
House committee actions
Referred to the Subcommittee on Coast Guard and Maritime Transportation.
Committee
H11100
2021-04-28
Budget Committee
hsbu00
2
House floor actions
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
2021-04-28
Ways and Means Committee
hswm00
2
House floor actions
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
2021-04-28
Transportation and Infrastructure Committee
hspw00
2
House floor actions
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
Intro-H
2021-04-28
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-04-28
9
Library of Congress
Introduced in House
IntroReferral
2021-04-28T22:03:35Z
Referred to
House
Transportation and Infrastructure Committee
2021-04-29T18:38:51Z
Referred to
Water Resources and Environment Subcommittee
hspw02
2021-04-29T18:38:39Z
Referred to
Railroads, Pipelines, and Hazardous Materials Subcommittee
hspw14
2021-04-29T18:38:27Z
Referred to
Highways and Transit Subcommittee
hspw12
2021-04-29T18:38:15Z
Referred to
Coast Guard and Maritime Transportation Subcommittee
hspw07
hspw00
Standing
2021-04-28T22:03:45Z
Referred to
House
Budget Committee
hsbu00
Standing
2021-04-28T22:03:40Z
Referred to
House
Ways and Means Committee
hswm00
Standing
G000588
16
Anthony
Rep. Gonzalez, Anthony [R-OH-16]
Gonzalez
R
2021-04-28
OH
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.
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.
2021-04-28
2021-04-29
Referred to the Subcommittee on Water Resources and Environment.
House
Transportation and Public Works
2021-04-29
Read twice and referred to the Committee on Finance.
CRS
Identical bill
REPAIR Act
S
P000608
52
Scott
Rep. Peters, Scott H. [D-CA-52]
N
Peters
H.
D
CA
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
2021-04-28
Introduced in House
 <p><strong>Reinventing Economic Partnerships And Infrastructure Redevelopment Act or the REPAIR Act</strong></p> <p>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.</p> <p>Specifically, the bill</p> <ul> <li>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;</li> <li>sets forth terms and limitations on direct loans and loan guarantees; </li> <li>establishes a funding mechanism to make the IFA a self-sustaining entity, including through fees and risk premiums on loans and loan guarantees; and</li> <li>increases from $15 billion to $16 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.</li> </ul> <p><br> </p> <p>
2021-06-25T18:33:24Z
00
2021-04-28T04:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr2895ih/xml/BILLS-117hr2895ih.xml
REPAIR Act
REPAIR Act
Display Title
IH
Introduced in House
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.
Official Title as Introduced
IH
Introduced in House
REPAIR Act
Short Title(s) as Introduced
IH
Introduced in House
Reinventing Economic Partnerships And Infrastructure Redevelopment Act
Short Title(s) as Introduced
HR
2023-03-08T19:58:10Z
2023-03-08T19:58:10Z
3.0.0
2021-04-29
Read twice and referred to the Committee on Finance.
CRS
Identical bill
REPAIR Act
S
2021-04-29
Water Resources and Environment Subcommittee
hspw02
1
House committee actions
Referred to the Subcommittee on Water Resources and Environment.
Committee
2021-04-29
Railroads, Pipelines, and Hazardous Materials Subcommittee
hspw14
1
House committee actions
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Committee
2021-04-29
Highways and Transit Subcommittee
hspw12
1
House committee actions
Referred to the Subcommittee on Highways and Transit.
Committee
2021-04-29
Coast Guard and Maritime Transportation Subcommittee
hspw07
1
House committee actions
Referred to the Subcommittee on Coast Guard and Maritime Transportation.
Committee
H11100
2021-04-28
Budget Committee
hsbu00
2
House floor actions
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
2021-04-28
Ways and Means Committee
hswm00
2
House floor actions
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
2021-04-28
Transportation and Infrastructure Committee
hspw00
2
House floor actions
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
Intro-H
2021-04-28
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-04-28
9
Library of Congress
Introduced in House
IntroReferral
P000608
52
Scott
Rep. Peters, Scott H. [D-CA-52]
N
Peters
H.
D
CA
G000588
16
Anthony
Rep. Gonzalez, Anthony [R-OH-16]
Gonzalez
R
2021-04-28
OH
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
2021-04-28
Introduced in House
 <p><strong>Reinventing Economic Partnerships And Infrastructure Redevelopment Act or the REPAIR Act</strong></p> <p>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.</p> <p>Specifically, the bill</p> <ul> <li>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;</li> <li>sets forth terms and limitations on direct loans and loan guarantees; </li> <li>establishes a funding mechanism to make the IFA a self-sustaining entity, including through fees and risk premiums on loans and loan guarantees; and</li> <li>increases from $15 billion to $16 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.</li> </ul> <p><br> </p> <p>
2021-06-25T18:33:24Z
00
REPAIR Act
REPAIR Act
Display Title
IH
Introduced in House
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.
Official Title as Introduced
IH
Introduced in House
REPAIR Act
Short Title(s) as Introduced
IH
Introduced in House
Reinventing Economic Partnerships And Infrastructure Redevelopment Act
Short Title(s) as Introduced
2021-04-29
Referred to the Subcommittee on Water Resources and Environment.