H.R. 731 — Transportation Funding Fairness Act

Summary

Transportation Funding Fairness Act

This bill modifies the treatment of loans under the transportation infrastructure finance and innovation act program and the railroad rehabilitation and improvement financing program in consideration for fixed guideway capital investment grants.

Specifically, the bill

permits a state or other obligator to make a determination whether loans under these programs are treated as a federal or non-federal share of a project; and
requires the Department of Transportation to treat the proceeds of a loan that a state has elected to treat as a non-federal share of project costs as a local financial commitment, and not treat such proceeds as non-local sources of capital and operating financing.

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Related Legislation

H.R. 1849Transportation Funding Fairness Act
2019-03-22Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Related

Legislative Actions

2019-01-23
Introduced in House
2019-01-23
Introduced in House
2019-01-23
Sponsor introductory remarks on measure. (CR H1008)
2019-01-23
Referred to the House Committee on Transportation and Infrastructure.
2019-02-07
Referred to the Subcommittee on Highways and Transit.
2019-02-07
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

Transportation Funding Fairness Act

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Summary

Full Text

Related Legislation

Legislative Actions

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