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United States · Bill · S

S. 1535 (116th)

REPAIR Act

referredUnited States· United States Congress· EN

Introduced

16 May 2019

Last action

16 May 2019 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Warner, Mark R. [D-VA], Sen. Blunt, Roy [R-MO], Sen. Coons, Christopher A. [D-DE], Sen. Graham, Lindsey [R-SC], Sen. Klobuchar, Amy [D-MN], Sen. Cornyn, John [R-TX], Sen. Blumenthal, Richard [D-CT], Sen. Braun, Mike [R-IN]

Subjects

Transport, Taxation

Source updated

3 January 2025

Transport · Taxation

Summary

Reinventing Economic Partnerships And Infrastructure Redevelopment Act or the REPAIR Act This bill addresses the financing of infrastructure projects through the establishment of the Infrastructure Financing Authority (IFA) and increases the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds. Specifically, the bill directs the IFA to provide direct loans and loan guarantees to facilitate certain infrastructure projects that are economically viable, in the public interest, and of regional or national significance, including the construction, consolidation, alteration, or repair of airports and air traffic control systems, highway facilities, and transmission or distribution pipelines; sets forth terms and limitations on direct loans and loan guarantees; establishes a funding mechanism to make the IFA a self-sustaining entity, including through fees and risk premiums on loans and loan guarantees; and increases from $15 billion to $16 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.

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

Timeline

  1. 16 May 2019

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 16 May 2019

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 16 May 2019

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 16 May 2019

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 16 May 2019

    Open at official source

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Sponsors

Related records

Sources

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