United States 113th Congress Status: Died 1 D cosponsors

S 387 — American Infrastructure Investment Fund Act

Last action — Read twice and referred to the Committee on Commerce, Science, and Transportation.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 113th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

American Infrastructure Investment Fund Act - 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. Prohibits the use of funds for a project for the construction, alteration, maintenance, or repair of a public building or public work unless all of the iron and steel used in the project is domestic, except in certain circumstances. 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%.

Bill Text

We don't have the full text on file for this bill yet.

Read S 387 on the official United States source →

Action History

  1. Read twice and referred to the Committee on Commerce, Science, and Transportation.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance environment transportation
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Frequently asked questions

What does S 387 do?
American Infrastructure Investment Fund Act - 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. Prohibits the use of funds for a project for the construction, alteration, maintenance, or repair of a public building or public work unless all of the iron and steel used in the project is domestic, except in certain circumstances. 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%.
Who sponsors S 387?
S 387 is sponsored by John Rockefeller (Democrat).
What is the current status of S 387?
This bill died with 113th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track S 387?
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