US S1818

Bill

US S1818

Railroad Rehabilitation and Improvement Financing Equity Act

Introduced
05/25/2021

In Committee
05/25/2021

Crossed Over

Passed

Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To require the Secretary of Transportation to repay the credit risk premiums paid with respect to certain railroad infrastructure loans after the obligations attached to such loans have been satisfied.

AI Summary

This bill, the Railroad Rehabilitation and Improvement Financing Equity Act, requires the Secretary of Transportation to repay the credit risk premiums paid on certain railroad infrastructure loans after the obligations attached to those loans have been satisfied. Specifically, the bill amends the Railroad Revitalization and Regulatory Reform Act of 1976 to mandate the repayment of credit risk premiums, with accrued interest, for loans in "cohort 3" within 60 days of the obligations being satisfied. For loans where the obligations have already been satisfied at the time of the bill's enactment, the Secretary must repay the premiums and interest within 60 days of the bill's enactment.

Committee Categories

Transportation and Infrastructure

Sponsors (2)

John Hickenlooper (D)*, Michael Bennet (D),

Last Action

Read twice and referred to the Committee on Commerce, Science, and Transportation. (on 05/25/2021)

Official Document

https://www.congress.gov/bill/117th-congress/senate-bill/1818/all-info

(3 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/117th-congress/senate-bill/1818/all-info
BillText	https://www.congress.gov/117/bills/s1818/BILLS-117s1818is.pdf
Bill	https://www.congress.gov/117/bills/s1818/BILLS-117s1818is.pdf.pdf

Bill	Bill Name	Last Action	Type
HR3318	Railroad Rehabilitation and Improvement Financing Equity Act	Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.	Same As
HR3684	Transforming Rail by Accelerating Investment Nationwide Act TRAIN Act Sport Fish Restoration, Recreational Boating Safety, and Wildlife Restoration Act of 2021 Water Quality Protection and Job Creation Act of 2021 Assistance, Quality, and Affordability Act of 2021 Motorcyclist Advisory Council Reauthorization Act Promoting Women in Trucking Workforce Act Improving Hazardous Materials Safety Act of 2021	Senate Banking, Housing, and Urban Affairs Hearing (10:00:00 8/4/2022 SD-538)	Related
HRes504	Providing for consideration of the bill (H.R. 2662) to amend the Inspector General Act of 1978, and for other purposes; providing for consideration of the bill (H.R. 3005) to direct the Joint Committee on the Library to replace the bust of Roger Brooke Taney in the Old Supreme Court Chamber of the United States Capitol with a bust of Thurgood Marshall to be obtained by the Joint Committee on the Library and to remove certain statues from areas of the United States Capitol which are accessible to	Motion to reconsider laid on the table Agreed to without objection.	Similar To

Bill > S1818

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (2)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary