RAPID Act

referredUnited States· United States Congress· EN

Introduced

15 November 2018

Last action

15 November 2018 · Introduced

Status

Read twice and referred to the Committee on Environment and Public Works. (text of measure as introduced: CR S7053)

Summary

Revitalizing American Priorities for Infrastructure Development Act or the RAPID Act This bill revises the transportation infrastructure finance and innovation (TIFIA) program to: (1) require program applicants to obtain investment grade ratings from at least two credit rating agencies, unless the federal credit instrument is less than $150 million (currently, less than $75 million), in which case one rating will suffice; (2) require the Department of Transportation (DOT) to implement an expedited decision timeline for public agency borrowers seeking secured loans; and (3) require DOT to publish status reports on program applications on the TIFIA website.

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

Timeline

15 November 2018
Introduced
Read twice and referred to the Committee on Environment and Public Works. (text of measure as introduced: CR S7053)
Source: IntroReferral
15 November 2018
Introduced
Introduced in Senate
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in Senate · 15 November 2018 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 15 November 2018
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Introduced in Senate (PDF)
Introduced in Senate · EN · 15 November 2018
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Introduced in Senate
summary · EN · 15 November 2018
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to → RAPID Act

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/115th-congress/senate-bill/3631
Open data entity: https://api.congress.gov/v3/bill/115/s/3631
us · 115-s-3631 · source updated 11 August 2025