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United States · Bill · HR

H.R. 2330 (105th)

Transportation Infrastructure Credit Act of 1997

referredUnited States· United States Congress· EN

Introduced

31 July 1997

Last action

14 August 1997 · Referred

Status

Referred to the Subcommittee on Surface Transportation.

Sponsors

Rep. DeLauro, Rosa L. [D-CT-3], Rep. Green, Gene [D-TX-29], Rep. Kennedy, Patrick J. [D-RI-1], Rep. Ford, Harold E., Jr. [D-TN-9], Rep. Bonior, David E. [D-MI-10], Rep. Frost, Martin [D-TX-24], Rep. Olver, John W. [D-MA-1], Del. Christensen, Donna M. [D-VI-At Large], Rep. McGovern, James P. [D-MA-2], Rep. Pelosi, Nancy [D-CA-11], Rep. Engel, Eliot L. [D-NY-16]

Subjects

Transport

Source updated

21 August 2025

Transport

Summary

Transportation Infrastructure Credit Act of 1997 - Authorizes the Secretary of Transportation to enter into agreements with one or more obligors to make direct and guaranteed loans and lines of credit to States to finance eligible surface transportation projects (including the refinancing of interim construction financing of such project costs). Sets forth certain requirements and eligibility criteria for such assistance. Authorizes the Secretary to establish a pilot program to encourage public-private partnerships and facilitate infrastructure development by entering into agreements with one or more insureds to provide insurance for preconstruction costs associated with such projects. Requires the State in which a project receiving assistance is located to identify a local servicer to act as the Secretary's agent in servicing the direct loan or insurance provided. Amends Federal transportation law to make it the Secretary's duty to develop and coordinate Federal policy on financing transportation infrastructure, including the provision of direct Federal credit assistance and other techniques used to leverage Federal transportation funds. Directs the Secretary to establish within the Office of the Secretary an Office of Infrastructure Finance, headed by a Director who shall be responsible for: (1) carrying out certain responsibilities of the Secretary; (2) carrying out research on financing transportation infrastructure; and (3) providing technical assistance to Federal, State, and local government agencies and officials to facilitate the development and use of alternative techniques for financing transportation infrastructure.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 31 July 1997

    Introduced

    Referred to the House Committee on Transportation and Infrastructure.

    Source: IntroReferral

  2. 31 July 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 31 July 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 1 August 1997

    Introduced

    Sponsor introductory remarks on measure. (CR E1617)

    Source: IntroReferral

  5. 14 August 1997

    Referred

    Referred to the Subcommittee on Surface Transportation.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 31 July 1997

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 31 July 1997

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 31 July 1997

    Open at official source

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Sponsors

Related records

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Sources

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