(2) make available to the public, on an appro-
priate Web site of the Department of Transpor-
tation, information on each grant made under sub-
section (b); and 
(3) submit to Congress, not later than 1 year 
after the first grant is made under subsection (b), 
and annually thereafter, information on grants made 
under subsection (b), including the progress made 
on projects funded by such grants. 
(j) ENVIRONMENTAL
STREAMLINING.—The Sec-
retary shall coordinate, to the maximum extent prac-
ticable, with relevant Federal departments and agencies 
to ensure that environmental reviews are conducted in a 
manner that facilitates the accelerated delivery of projects 
for which a grant is made under this section. 
(k) AUTHORIZATION OF APPROPRIATIONS.— 
(1) IN GENERAL.—There is authorized to be 
appropriated to the Secretary to make grants under 
the program established under subsection (a) 
$985,000,000,000, in the aggregate, for fiscal years 
2016 through 2020. 
(2) 
ELIGIBLE
PROJECT
USE.—From 
the 
amounts made available under paragraph (1), the 
Secretary shall use— 
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(A) 85 percent of the amounts to make 
grants for projects described in subparagraph 
(A), (B), or (C) of subsection (c)(1); 
(B) 2 percent of the amounts to make 
grants for projects described in subparagraph 
(D) of subsection (c)(1); 
(C) 4 percent of the amounts to make 
grants for projects described in subparagraph 
(E) of subsection (c)(1); and 
(D) 9 percent of the amounts to make 
grants for projects described in subparagraph 
(F) of subsection (c)(1). 
SEC. 3. NATION BUILDING HERE AT HOME FINANCING INI-
TIATIVE. 
(a) ESTABLISHMENT.—Not later than 180 days after 
the date of enactment of this Act, the Secretary of the 
Treasury, in consultation with the Secretary of Transpor-
tation, shall establish a Nation Building Here at Home 
Financing Initiative in accordance with this section. 
(b) AUTHORITY TO ISSUE BONDS.—In carrying out 
the initiative established under subsection (a), the Sec-
retary of the Treasury may issue bonds. The aggregate 
face amount of bonds issued under this subsection may 
not exceed $300,000,000,000. 
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(c) CHARACTERISTICS
OF BONDS.—Bonds issued 
under subsection (b) shall be issued in such amounts, bear 
such rates of interest, and be subject to such terms and 
conditions as the Secretary of the Treasury may prescribe. 
(d) USE OF BOND PROCEEDS.—The Secretary of the 
Treasury shall make available to the Secretary of Trans-
portation the proceeds resulting from bonds issued under 
subsection (b). The Secretary of Transportation may use 
such proceeds only to carry out the program established 
under section 2(a) of this Act. 
SEC. 4. REPORT. 
Not later than 180 days after the date of enactment 
of this Act, the Secretary of Transportation shall submit 
to Congress a comprehensive report describing the trans-
portation needs of the United States for each of the fol-
lowing: 
(1) The 20-year period beginning on the date of 
enactment of this Act. 
(2) The 30-year period beginning after the pe-
riod described in paragraph (1). 
(3) The 50-year period beginning after the pe-
riod described in paragraph (2). 
Æ 
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