Bill > S942

Introduced Session

Transportation Infrastructure Grants and Economic Reinvestment Act - Directs the Secretary of Transportation (DOT) to establish a national infrastructure investment program to provide competitive grants (of $10-$500 million), secured loans, and loan guarantees to a state, local government, or transit agency for eligible transportation projects (including highway or bridge, public transportation, passenger or freight rail transportation, and port infrastructure projects) that would have a significant beneficial impact on a state, metropolitan area, region, or the United States. Requires the Secretary to give grant priority to eligible projects that require a contribution of federal funds to complete an overall financing package for such projects. Sets aside at least 20% of funds for grants for eligible projects located in rural areas.

Committee Categories

Susan Collins (R),  Dick Durbin (D),  Patty Murray (D), 

Read twice and referred to the Committee on Commerce, Science, and Transportation. (on 05/10/2011)

Official Document