I 

111TH CONGRESS 

2D SESSION H. R. 6483 

To amend title 23, United States Code, to revise certain infrastructure finance 

provisions. 

IN THE HOUSE OF REPRESENTATIVES 

DECEMBER 2, 2010 

Ms. RICHARDSON introduced the following bill; which was referred to the 

Committee on Transportation and Infrastructure 

A BILL 

To amend title 23, United States Code, to revise certain 

infrastructure finance provisions. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘TIFIA Expansion Act 

5 of 2010’’. 

6 SEC. 2. TIFIA FUNDING OF QUALIFIED TRANSIT CAPITAL 

7 PROJECTS. 

8 (a) DEFINITION OF MASTER CREDIT AGREEMENT.— 

9 Section 601(a) of title 23, United States Code, is amend10 ed— 


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1 (1) in paragraph (8)— 

2 (A) by striking ‘‘and’’ at the end of sub3 paragraph (C); 

4 (B) by striking the period at the end of 

5 subparagraph (D) and inserting a period; and 

6 (C) by adding at the end the following: 

7 ‘‘(E) a project or program of related 

8 projects that— 

9 ‘‘(i) is for the design, acquisition, con10 struction, or rehabilitation of one or more 

11 transportation projects that reduces emis12 sions of greenhouse gases or has a positive 

13 impact on congestion; and 

14 ‘‘(ii) receives not more than 30 per15 cent of its funding for capital costs from 

16 Federal grant funds made available under 

17 this title or chapter 53 of title 49, United 

18 States Code.’’; and 

19 (2) by adding at the end the following: 

20 ‘‘(15) MASTER CREDIT AGREEMENT.—The term 

21 ‘master credit agreement’ means an agreement en22 tered into by and between the Secretary and an obli23 gor for a project defined in paragraph (9)(E) that— 


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1 ‘‘(A) makes contingent commitments of 

2 one or more secured loans or other Federal 

3 credit instruments at future dates; 

4 ‘‘(B) establishes the amounts and general 

5 terms and conditions of such secured loans or 

6 other Federal credit instruments; 

7 ‘‘(C) identifies the dedicated revenue 

8 sources that will secure the repayment of such 

9 secured loans or other Federal credit instru10 ments; and 

11 ‘‘(D) provides for the obligation of funds 

12 for such secured loans or other Federal credit 

13 instruments after all requirements under sec14 tion 602(c) have been met for the project, in15 cluding compliance with the requirements of the 

16 National Environmental Policy Act of 1969 (42 

17 U.S.C. 432i et seq.).’’. 

18 (b) ELIGIBILITY AND ELIGIBLE PROJECTED

19 COSTS.—Section 602(a) of title 23, United States Code, 

20 is amended— 

21 (1) in paragraph (1) by adding before the pe22 riod at the end the following: 

23 ‘‘(1) , including, in the case of a master credit 

24 agreement, at such time as the disbursement of loan 


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1 proceeds or the provision of other credit assistance 

2 pursuant to the master credit agreement’’; and 

3 (2) in paragraph 3— 

4 (A) by striking ‘‘subparagraph (B)’’ in 

5 subparagraph (A) and inserting ‘‘subpara6 graphs (B) and (C)’’; and 

7 (B) by adding at the end the following: 

8 ‘‘(C) MEGA TRANSPORTATION PROJECTS.—In 

9 the case of a project defined in section 601(a)(8)(E), 

10 eligible project costs shall be reasonably anticipated 

11 to equal or exceed $1,000,000,000.’’. 

12 (c) SECURED LOANS.—Section 603(b)(2) of title 23, 

13 United States Code, is amended by striking ‘‘33 percent’’ 

14 and inserting ‘‘49 percent’’. 

15 (d) LINES OF CREDIT.—Section 604(b)(2) of title 23, 

16 United States Code, is amended by striking ‘‘33 percent’’ 

17 and inserting ‘‘49 percent’’. 

18 (e) FUNDING.—Section 608(a) of title 23, United 

19 States Code, is amended— 

20 (1) in paragraph (1) by striking ‘‘$122,000,000 

21 for each of fiscal years 2005 through 2009’’ and in22 serting ‘‘$375,000,000 for each of fiscal years 2011 

23 through 2015’’; and 

24 (2) in paragraph (3) by striking ‘‘$2,200,000 

25 for each of fiscal years 2005 through 2009’’ and inVerDate Mar 15 2010 05:32 Dec 03, 2010 Jkt 099200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\H6483.IH H6483

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1 serting ‘‘$5,000,000 for each of fiscal years 2011 

2 through 2015’’. 

3 (f) CONFORMING AMENDMENT.—Section 603(a)(1) 

4 of title 23, United States Code, is amended by inserting 

5 after ‘‘into agreements’’ the following: ‘‘, including master 

6 credit agreements,’’. 

Æ 


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