Bill
Bill > HR1641
summary
Introduced
03/08/2021
03/08/2021
In Committee
03/09/2021
03/09/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend title 23, United States Code, to include a payment and performance security requirement for certain infra- structure financing, and for other purposes.
AI Summary
This bill amends Title 23 of the United States Code to require payment and performance security for infrastructure projects receiving assistance under the Transportation Infrastructure Finance and Innovation Act (TIFIA) program. Specifically, the bill mandates that the Secretary of Transportation ensure appropriate payment and performance security for TIFIA-assisted projects, regardless of whether the project sponsor is a state, local government, or private party. If no applicable security requirements exist, the bill requires the standard payment and performance security under Section 3131(b) of Title 40. The amendments apply to contracts entered into on or after the date of the bill's enactment.
Committee Categories
Transportation and Infrastructure
Sponsors (12)
Stephen Lynch (D)*,
Jake Auchincloss (D),
Troy Balderson (R),
Mike Bost (R),
Anthony Brown (D),
Julia Brownley (D),
Steve Cohen (D),
Warren Davidson (R),
Dave Joyce (R),
Chris Pappas (D),
Donald Payne (D),
Daniel Webster (R),
Last Action
Referred to the Subcommittee on Highways and Transit. (on 03/09/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/1641/all-info |
| BillText | https://www.congress.gov/117/bills/hr1641/BILLS-117hr1641ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr1641/BILLS-117hr1641ih.pdf.pdf |
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