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United States · Bill · HR

H.R. 3736 (112th)

TRIP Bonds Act

referredUnited States· United States Congress· EN

Introduced

19 December 2011

Last action

22 December 2011 · Referred

Status

Referred to the Subcommittee on Human Resources.

Sponsors

Rep. Whitfield, Ed [R-KY-1], Rep. Boswell, Leonard L. [D-IA-3]

Subjects

Transport, Taxation, Budget

Source updated

5 December 2025

Transport · Taxation · Budget

Official sourceDownload fileView documentsShare

Summary

Transportation and Regional Infrastructure Project Bonds Act of 2011 or TRIP Bonds Act - Amends the Internal Revenue Code to allow an income tax credit for any TRIP bond issued by a state infrastructure bank as part of an issue, if 100% of the available project proceeds from such issue are to be used for expenditures incurred for one or more qualified projects. Requires proceeds from the sale of bonds issued under this Act to be held in a TRIP Bonds Trust Account. Defines "qualified project" as the capital improvements to any transportation infrastructure project (including roads, bridges, rail and transit systems, ports, and inland waterways) proposed and approved by a state infrastructure bank. Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to extend certain customs fees for the processing of merchandise entered into the United States through specified dates in 2048.

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

Timeline

  1. 19 December 2011

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 19 December 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 19 December 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 22 December 2011

    Referred

    Referred to the Subcommittee on Human Resources.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 19 December 2011

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 19 December 2011

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 19 December 2011

    Open at official source

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Sponsors

Related records

Sources

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