S.936 - American Infrastructure Investment Fund Act of 2011

A bill to establish the American Infrastructure Investment Fund and other activities to facilitate investments in infrastructure projects that significantly enhance the economic competitiveness of the United States by improving economic output, productivity, or competitive commercial advantage, and for other purposes. view all titles (2)

All Bill Titles

  • Official: A bill to establish the American Infrastructure Investment Fund and other activities to facilitate investments in infrastructure projects that significantly enhance the economic competitiveness of the United States by improving economic output, productivity, or competitive commercial advantage, and for other purposes. as introduced.
  • Short: American Infrastructure Investment Fund Act of 2011 as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 2
  • Past Seven Days: 3
  • All-Time: 6,757
 
Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
05/10/11
 
 
 
 
 
 
 

Official Summary

American Infrastructure Investment Fund Act of 2011 - Establishes the American Infrastructure Investment Fund in the Department of Transportation (DOT) to: (1) invest in infrastructure projects that increase or otherwise improve U.S. economic output, productivity, or competitive commercial

Official Summary

American Infrastructure Investment Fund Act of 2011 - Establishes the American Infrastructure Investment Fund in the Department of Transportation (DOT) to:
(1) invest in infrastructure projects that increase or otherwise improve U.S. economic output, productivity, or competitive commercial advantage;
(2) provide funding for projects that face significant funding barriers because of the need to combine resources across multiple jurisdictions or modes of transportation; and
(3) improve the efficiency or throughput, the safety, and the environmental sustainability of a national or regional transportation network. Requires the Fund to publish:
(1) a detailed description of its strategy in an Investment Prospectus, and
(2) its Operating Guidance for the Fund's management. Requires the President to appoint the Fund's Executive Director, by and with the advice and consent of the Senate, as well as a Fund Advisory Committee. Authorizes the Fund to provide direct loans and loan guarantees to eligible recipients for activities related to the planning, preparation, or design of an eligible project proposal. Directs the Secretary of Transportation to establish:
(1) a competitive national infrastructure investment grant program, and
(2) an oversight program to monitor the effective and efficient use of funds authorized under this Act. Sets forth the federal share of net project costs at 80%.

...Read the Rest

Organizations Supporting S.936

  • American Society of Civil Engineers

Organizations Opposing S.936

  • None via MapLight at this time.




Vote on This Bill

75% Users Support Bill

3 in favor / 1 opposed
 

Send Your Senator a Letter

about this bill Support Oppose Tracking
Track with MyOC