Railroad Rehabilitation and Improvement Financing Equity Act

3/8/2023, 8:12 PM

Railroad Rehabilitation and Improvement Financing Equity Act

This bill directs the Department of Transportation to refund credit risk premiums under the Railroad Rehabilitation and Improvement Financing loan program upon the satisfaction of a loan's obligations.

Congress
117
Number
S - 1818
Introduced on
2021-05-25
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

5/25/2021
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Railroad Rehabilitation and Improvement Financing Equity Act

This bill directs the Department of Transportation to refund credit risk premiums under the Railroad Rehabilitation and Improvement Financing loan program upon the satisfaction of a loan's obligations.

Alternative Names
Official Title as IntroducedA bill to require the Secretary of Transportation to repay the credit risk premiums paid with respect to certain railroad infrastructure loans after the obligations attached to such loans have been satisfied.
Policy Areas
Transportation and Public Works
Potential Impact
Government lending and loan guarantees•
Interest, dividends, interest rates•
Railroads•
Transportation programs funding

Comments

Related

Bill Update Alert:  Railroad Rehabilitation and Improvement Financing Equity Act
Bill Update Alert:  Infrastructure Investment and Jobs Act

Recent Activity

Latest Summary11/30/2021

Railroad Rehabilitation and Improvement Financing Equity Act

This bill directs the Department of Transportation to refund credit risk premiums under the Railroad Rehabilitation and Improvement Financing loan program upon the satisf...

Latest Action5/25/2021
Read twice and referred to the Committee on Commerce, Science, and Transportation.