Federal-aid Facility Privatization Act of 1995 - Requires executive agency heads to: (1) assist State and local governments in privatization efforts regarding federally financed infrastructure assets needed for a functioning economy; and (2) approve governmental asset privatization requests and waive or modify any grant assurance in accordance with specified criteria. Lists among such infrastructure assets roads, bridges, electricity supply facilities, airports, water supply and delivery facilities, recycling and wastewater treatment facilities, housing, schools, prisons, and hospitals, as well as other specified facilities.
Declares that no State or local government shall be obligated to repay Federal grant monies received in connection with assets being privatized.
Authorizes State and local governments to: (1) use asset privatization proceeds as permitted under grant assurances; and (2) recover capital investment, an amount equal to unreimbursed asset operating expenses in any infrastructure asset, and a reasonable rate of return.
Introduced in House
Introduced in House
Referred to the Committee on Government Reform and Oversight, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Government Reform and Oversight, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Government Reform and Oversight, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Government Management, Information and Technology.
Referred to the Subcommittee on Water Resources and Environment.
Referred to the Subcommittee on Surface Transportation.
Referred to the Subcommittee on Railroads.
Referred to the Subcommittee on Aviation.
Subcommittee Hearings Held.
Subcommittee Consideration and Mark-up Session Held.
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