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Bill > HR3978
US HR3978
US HR3978New Opportunities for Bicycle and Pedestrian Infrastructure Financing Act of 2014
summary
Introduced
01/29/2014
01/29/2014
In Committee
01/30/2014
01/30/2014
Crossed Over
Passed
Dead
01/03/2015
01/03/2015
Introduced Session
113th Congress
Bill Summary
New Opportunities for Bicycle and Pedestrian Infrastructure Financing Act of 2014
AI Summary
This bill, the "New Opportunities for Bicycle and Pedestrian Infrastructure Financing Act of 2014," aims to establish a pilot program managed by the Secretary of Transportation to provide financial assistance for bicycle and pedestrian infrastructure projects. The program's goals include promoting investment in these networks, improving access to jobs and transit, especially in underserved communities, and attracting new investment to low-income areas. Eligible entities for this assistance include corporations, public-private partnerships, joint ventures, trusts, and State infrastructure financing authorities. The bill outlines various types of projects that qualify, such as the construction of pathways, sidewalks, bicycling infrastructure, traffic calming measures, and projects that convert abandoned railroad corridors into trails, as well as bike-sharing programs. To receive assistance, projects must be creditworthy, have reasonably anticipated costs of at least $2 million, be supported by dedicated revenue sources, and undergo a public involvement process. The Secretary can provide secured loans or loan guarantees, with specific terms regarding repayment, interest rates, and maturity dates. The bill also mandates that at least 25 percent of the funds be used for projects in low-income communities and requires a report to Congress within two years to evaluate the program's performance and recommend its future.
Committee Categories
Transportation and Infrastructure
Sponsors (59)
Albio Sires (D)*,
Timothy Bishop (D),
Earl Blumenauer (D),
Julia Brownley (D),
Cheri Bustos (D),
G. Butterfield (D),
Lois Capps (D),
Michael Capuano (D),
André Carson (D),
Matt Cartwright (D),
David Cicilline (D),
Katherine Clark (D),
Emanuel Cleaver (D),
Steve Cohen (D),
Gerry Connolly (D),
Joseph Crowley (WFP),
Mario Diaz-Balart (R),
Michael Doyle (D),
Keith Ellison (D),
William Enyart (D),
Sam Farr (D),
Brian Higgins (D),
Rush Holt (D),
Michael Honda (D),
Jared Huffman (D),
Hank Johnson (D),
Barbara Lee (D),
Daniel Lipinski (D),
Zoe Lofgren (D),
Alan Lowenthal (D),
Ben Ray Luján (D),
Carolyn Maloney (D),
Carolyn McCarthy (D),
Betty McCollum (D),
Jim McDermott (D),
Jim McGovern (D),
Mike McIntyre (D),
Richard Neal (D),
Gloria Negrete McLeod (D),
Eleanor Holmes Norton (D),
Beto O'Rourke (D),
William Owens (D),
Ed Perlmutter (D),
Scott Peters (D),
Collin Peterson (D),
Mark Pocan (D),
David Price (D),
Charles Rangel (D),
Lucille Roybal-Allard (D),
Bobby Scott (D),
Carol Shea-Porter (D),
Louise Slaughter (D),
Mark Takano (D),
Bennie Thompson (D),
John Tierney (D),
Dina Titus (D),
Paul Tonko (D),
Marc Veasey (D),
Timothy Walz (D),
Last Action
Referred to the Subcommittee on Highways and Transit. (on 01/30/2014)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/113th-congress/house-bill/3978/all-info | 01/30/2014 |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-113hr3978ih/pdf/BILLS-113hr3978ih.pdf | 02/02/2014 |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-113hr3978ih/pdf/BILLS-113hr3978ih.pdf.pdf | 02/02/2014 |
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