TRIPP Act

Hozzl · 2024-12-19T09:06:09Z

Explore the details of House Bill 7741 TRIPP Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Foreign Trade and International Finance. Stay informed on legislative developments.

12/19/2024, 9:06 AM

Summary of Bill HR 7741

The TRIPP Act, also known as Bill 118 hr 7741, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to address the issue of transportation infrastructure funding in the United States.

The TRIPP Act proposes to establish a new grant program that would provide funding to states and local governments for transportation projects. This funding would be used to improve and modernize transportation infrastructure, such as roads, bridges, and public transportation systems.

One key aspect of the TRIPP Act is its focus on promoting innovation and sustainability in transportation projects. The bill encourages the use of new technologies and practices that can help reduce carbon emissions and improve the overall efficiency of transportation systems. Additionally, the TRIPP Act includes provisions to ensure that funding is distributed equitably among states and communities, taking into account factors such as population size, geographic location, and economic need. Overall, the TRIPP Act aims to address the pressing need for investment in transportation infrastructure in the United States, while also promoting innovation and sustainability in the transportation sector. It is currently being debated in Congress, with supporters arguing that it is a crucial step towards improving the nation's infrastructure, while opponents raise concerns about the cost and potential impact of the bill.

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Current Status of Bill HR 7741

Bill HR 7741 is currently in the status of Bill Introduced since March 20, 2024. Bill HR 7741 was introduced during Congress 118 and was introduced to the House on March 20, 2024. Bill HR 7741's most recent activity was Referred to the Subcommittee on Trade. as of December 17, 2024

Bipartisan Support of Bill HR 7741

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 7741

Primary Policy Focus

Foreign Trade and International Finance

Alternate Title(s) of Bill HR 7741

TRIPP ActTRIPP ActTrade Related Intellectual Property Protection ActTo direct the President to oppose any waiver of obligations of members of the World Trade Organization under the Agreement on Trade-Related Aspects of Intellectual Property Rights unless a statute is enacted expressly authorizing such a waiver.

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