Infrastructure Now for America's-Tomorrow Act of 1993

Summary

TABLE OF CONTENTS: Title I: Infrastructure Repair Title II: Funding for Infrastructure Repair and Deficit Reduction Infrastructure Now For America's-Tomorrow Act of 1993 - Title I: Infrastructure Repair - Directs the Administrator of the Federal Highway Administration to make grants to State and local governments for projects for: (1) the repair, reconstruction, and rehabilitation of highways and bridges; and (2) the construction of highway lanes for high occupancy vehicles. Sets forth application requirements and the Federal share (80 percent). Authorizes the Administrator to make loans to governments receiving grants for such projects to assist them in covering the non-Federal share of the cost of the project. Authorizes appropriations. Requires the Administrator of: (1) the Federal Transit Administration to make grants to governments for projects for the repair, reconstruction, and rehabilitation of transit facilities; (2) the Federal Aviation Administration to make grants to sponsors, owners, and operators of public-use airports for the repairs, reconstruction, and rehabilitation; and (3) the Environmental Protection Agency to make grants to governments for environmental improvement projects, including projects for the construction, reconstruction, repair, and rehabilitation of wastewater treatment works. Sets forth limitations on the use of grant funds regarding: (1) land acquisition; (2) payment of maintenance costs; (3) the non-Federal share; (4) Buy American requirements; and (5) minority participation. Title II: Funding for Infrastructure Repair and Deficit Reduction - Amends the Internal Revenue Code to increase the rate of excise taxes and the rates on motor fuels for deficit reduction to fund the Infrastructure Now For America's-Tomorrow Trust Fund. Establishes such trust fund to finance the grant program for infrastructure repair. Imposes a floor stocks tax on such motor fuels, with exceptions. Requires the transfer of such revenue to the trust fund.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 23 August 1993

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• Introduced in House (PDF)

  Introduced in House · EN · 23 August 1993

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• Introduced in House

  summary · EN · 5 January 1993

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