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United States · Bill · HR

H.R. 688 (112th)

Department of Transportation Bonding Assistance Authority Act of 2011

referredUnited States· United States Congress· EN

Introduced

14 February 2011

Last action

15 February 2011 · Referred

Status

Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

Sponsors

Rep. Cummings, Elijah E. [D-MD-7], Rep. Clay, Wm. Lacy [D-MO-1], Rep. Thompson, Bennie G. [D-MS-2], Rep. Lee, Barbara [D-CA-12], Rep. Richardson, Laura [D-CA-37], Rep. Green, Al [D-TX-9]

Subjects

Transport

Source updated

14 August 2025

Transport

Official sourceDownload fileView documentsShare

Summary

Department of Transportation Bonding Assistance Authority Act of 2011 - Replaces the mandate for the Minority Resource Center to provide bonding assistance to disadvantaged business enterprises. Authorizes the Secretary of Transportation, acting through the Minority Resource Center, to prescribe, guarantee, and enter into commitments to guarantee a surety against loss resulting from a small business concern's breach of a bond that is required for it to bid on or perform a transportation project contract, pay on the contract, or serve as a prime contractor or subcontractor on such contract. Authorizes the Secretary to indemnify such a surety up to 90% of any loss sustained by it in avoiding or attempting to avoid a breach of a bond guaranteed under this Act. Requires the Secretary to establish a program under which not more than five selected states may carry out: (1) the activities of the Secretary with respect to issuing surety guarantees, as well as (2) the activities of sureties to assist eligible small business concerns.

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

Timeline

  1. 14 February 2011

    Introduced

    Referred to the House Committee on Transportation and Infrastructure.

    Source: IntroReferral

  2. 14 February 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 14 February 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 15 February 2011

    Referred

    Referred to the Subcommittee on Highways and Transit.

    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 · 14 February 2011

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 14 February 2011

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 14 February 2011

    Open at official source

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Sponsors

Related records

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Sources

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