Railroad Rehabilitation and Improvement Financing Equity Act

Hozzl · 2023-03-08T20:12:35Z

Explore the details of Senate Bill 1818 Railroad Rehabilitation and Improvement Financing Equity Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Transportation and Public Works. Stay informed on legislative developments.

3/8/2023, 8:12 PM

Congressional Summary of S 1818

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.

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Current Status of Bill S 1818

Bill S 1818 is currently in the status of Bill Introduced since May 25, 2021. Bill S 1818 was introduced during Congress 117 and was introduced to the Senate on May 25, 2021. Bill S 1818's most recent activity was Read twice and referred to the Committee on Commerce, Science, and Transportation. as of May 25, 2021

Bipartisan Support of Bill S 1818

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1818

Primary Policy Focus

Transportation and Public Works

Potential Impact Areas

- Government lending and loan guarantees

- Interest, dividends, interest rates

- Railroads

- Transportation programs funding

Alternate Title(s) of Bill S 1818

Railroad Rehabilitation and Improvement Financing Equity Act

A 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.

Railroad Rehabilitation and Improvement Financing Equity Act