U.S. Congress - H.R.2991 Department of Transportation Bonding Assistance Authority Act of 2009
H.R.2991 - Department of Transportation Bonding Assistance Authority Act of 2009
To amend title 49, United States Code, to provide authority to the Secretary of Transportation to guarantee sureties against loss resulting from a breach of the terms of a bond by an eligible small business concern, and for other purposes. view all titles (2)
All Bill Titles
- Official: To amend title 49, United States Code, to provide authority to the Secretary of Transportation to guarantee sureties against loss resulting from a breach of the terms of a bond by an eligible small business concern, and for other purposes. as introduced.
- Short: Department of Transportation Bonding Assistance Authority Act of 2009 as introduced.
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Official Summary
6/23/2009--Introduced.Department of Transportation Bonding Assistance Authority Act of 2009 - Replaces the mandate for the Minority Resource Center to provide bonding assistance to disadvantaged business enterprises. Authorizes the Secretary of Transportation, acting through the Minority ROfficial Summary
6/23/2009--Introduced.Department of Transportation Bonding Assistance Authority Act of 2009 - Replaces the mandate for the Minority Resource Center to provide bonding assistance to disadvantaged business enterprises. Authorizes the Secretary of Transportation, acting through the Minority Resource Center, to prescribe, guarantee, and enter into commitments to guarantee a surety against loss resulting from a small business concern's breach of a bond that is required for it to bid on or perform a transportation project contract, pay on the contract, or serve as a prime contractor or subcontractor on such contract. Authorizes the Secretary to indemnify such a surety up to 90% of any loss sustained by it in avoiding or attempting to avoid a breach of a bond guaranteed under this Act. Requires the Secretary to establish a program under which not more than five selected states may carry out:(1) the activities of the Secretary with respect to issuing surety guarantees; as well as
(2) the activities of sureties to assist eligible small business concerns.
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Rep. Ken Paxton 81st Legislature Regular Session Authored
HR 2991, Author: Paxton. Last Action: 05/31/2009 H Filed. Caption: Suspending limitations on conference committee jurisdiction, SB No. 1742. Joint Author (40): HB 76, Author: Flynn | Hardcastle | Hopson | Pena | Paxton ...
IEEE Spectrum: Secrets Behind the UK Electronic Health Record ...
For the US, the only one which is a good policy document (from an IT perspective) and is technology neutral and does not require capital outlay from the government is HR 2991 "The Independent Health Record Trust Act", authored by Rep. ...
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