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Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act
3/9/2023, 5:47 PM
Summary of Bill HR 1641
Bill 117 HR 1641, also known as the Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act, aims to address issues related to federal infrastructure projects. The bill focuses on protecting subcontractors and taxpayers by implementing various measures.
One key provision of the bill is the requirement for federal agencies to provide timely payments to subcontractors working on infrastructure projects. This is intended to ensure that subcontractors are paid promptly for their work, helping to prevent financial strain and delays in project completion.
Additionally, the bill includes measures to increase transparency and accountability in federal infrastructure projects. This includes requirements for federal agencies to report on the status and progress of projects, as well as measures to prevent fraud and abuse in the contracting process. The Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act also includes provisions to strengthen oversight of federal infrastructure projects, including the establishment of a task force to monitor and evaluate the effectiveness of the bill's provisions. Overall, the bill aims to improve the efficiency and effectiveness of federal infrastructure projects by protecting subcontractors and taxpayers, increasing transparency and accountability, and strengthening oversight.
One key provision of the bill is the requirement for federal agencies to provide timely payments to subcontractors working on infrastructure projects. This is intended to ensure that subcontractors are paid promptly for their work, helping to prevent financial strain and delays in project completion.
Additionally, the bill includes measures to increase transparency and accountability in federal infrastructure projects. This includes requirements for federal agencies to report on the status and progress of projects, as well as measures to prevent fraud and abuse in the contracting process. The Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act also includes provisions to strengthen oversight of federal infrastructure projects, including the establishment of a task force to monitor and evaluate the effectiveness of the bill's provisions. Overall, the bill aims to improve the efficiency and effectiveness of federal infrastructure projects by protecting subcontractors and taxpayers, increasing transparency and accountability, and strengthening oversight.
Congressional Summary of HR 1641
Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act
This bill revises the transportation infrastructure finance and innovation program to require the Department of Transportation (DOT) to ensure that the design and construction of a project carried out under the program must have appropriate payment and performance security, regardless of whether the obligor is a state, local government, agency or instrumentality of a state or local government, public authority, or private party.
DOT may accept such payment and performance security requirements if it makes a written determination that the federal interest is adequately protected.
Read the Full Bill
Current Status of Bill HR 1641
Bill HR 1641 is currently in the status of Bill Introduced since March 8, 2021. Bill HR 1641 was introduced during Congress 117 and was introduced to the House on March 8, 2021. Bill HR 1641's most recent activity was Referred to the Subcommittee on Highways and Transit. as of March 9, 2021
Bipartisan Support of Bill HR 1641
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
22Democrat Cosponsors
12Republican Cosponsors
10Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1641
Primary Policy Focus
Transportation and Public WorksPotential Impact Areas
- Infrastructure development
- Public contracts and procurement
- Roads and highways
- State and local finance
- Transportation programs funding
Alternate Title(s) of Bill HR 1641
Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act
To amend title 23, United States Code, to include a payment and performance security requirement for certain infrastructure financing, and for other purposes.
Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act
Comments
Sponsors and Cosponsors of HR 1641
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