Penny Plan to Enhance Infrastructure Act of 2021
Bill: S.232 | Sponsor: Sen. Paul, Rand (R-KY)
Policy area: Economics and Public Finance

Summary:
Penny Plan to Enhance Infrastructure Act of 2021
This bill establishes discretionary spending limits for FY2022 and FY2023.
Specifically, the bill
(Under current law, the existing discretionary spending limits for defense and nondefense spending will expire at the end of FY2021, and there is no discretionary spending limit for infrastructure spending.)

To amend the Balanced Budget and Emergency Deficit Control Act of 1985 
    to establish a discretionary spending limit for infrastructure 
                               spending.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Penny Plan to Enhance Infrastructure 
Act of 2021''.

SEC. 2. DISCRETIONARY SPENDING LIMIT FOR INFRASTRUCTURE SPENDING.

    (a) Definition.--Section 250(c)(4) of the Balanced Budget and 
Emergency Deficit Control Act of 1985 (2 U.S.C. 900(c)(4)) is amended--
            (1) in subparagraph (D), by inserting ``other than in the 
        infrastructure category'' before the period;
            (2) in subparagraph (E), by inserting ``or the 
        infrastructure category'' before the period;
            (3) by redesignating subparagraph (F) as subparagraph (G); 
        and
            (4) by inserting afer subparagraph (E) the following:
            ``(F) The term `infrastructure category' means 
        discretionary appropriations for the following appropriation 
        accounts or programs:
                    ``(i) For the Federal Aviation Administration:
                            ``(I) Facilities and Equipment.
                            ``(II) Grants-in-Aid for Airports.
                            ``(III) Operations.
                    ``(ii) For the Federal Highway Administration:
                            ``(I) Highway Infrastructure Programs.
                            ``(II) Emergency Relief.
                    ``(iii) For the Federal Transit Administration:
                            ``(I) Capital Investment Grants.
                            ``(II) Transit Infrastructure Grants.
                    ``(iv) For the Federal Railroad Administration:
                            ``(I) Northeast Corridor Grants to the 
                        National Railroad Passenger Network.
                            ``(II) National Network Grants to the 
                        National Railroad Passenger Network.
                            ``(III) Railroad Research and Development.
                            ``(IV) Safety and Operations.
                            ``(V) Consolidated Rail Infrastructure and 
                        Safety Improvements.
                            ``(VI) Federal-State Partnership For State 
                        Of Good Repair.
                            ``(VII) Restoration and Enhancement.
                    ``(v) For the Maritime Administration:
                            ``(I) Port Infrastructure Development 
                        Program.
                            ``(II) Assistance to Small Shipyards.
                            ``(III) Maritime Guaranteed Loan (title XI) 
                        Program Account.
                    ``(vi) For the National Aeronautics and Space 
                Administration, Aeronautics account, amounts for the 
                Airspace Operations and Safety Program and the Advanced 
                Air Vehicles Program carried out under chapter 401 of 
                title 51, United States Code.
                    ``(vii) For the Department of Defense, Military 
                Construction:
                            ``(I) Military Construction, Army.
                            ``(II) Military Construction, Navy and 
                        Marine Corps.
                            ``(III) Military Construction, Air Force.
                            ``(IV) Military Construction, Defense-Wide.
                            ``(V) North Atlantic Treaty Organization, 
                        Security Investment Program.
                            ``(VI) Military Construction, Army National 
                        Guard.
                            ``(VII) Military Construction, Air National 
                        Guard.
                            ``(VIII) Military Construction, Army 
                        Reserve.
                            ``(IX) Military Construction, Navy Reserve.
                            ``(X) Military Construction, Air Force 
                        Reserve.
                            ``(XI) Family Housing Construction, Army.
                            ``(XII) Family Housing Construction, Navy 
                        and Marine Corps.
                            ``(XIII) Family Housing Construction, Air 
                        Force.
                            ``(XIV) Family Housing Operations and 
                        Maintenance, Defense-Wide.
                            ``(XV) Family Housing Improvement Fund.
                            ``(XVI) Military Unaccompanied Housing 
                        Improvement Fund.
                    ``(viii) For the Environmental Protection Agency, 
                Infrastructure Assistance:
                            ``(I) Clean Water State Revolving Funds and 
                        the Drinking Water State Revolving Funds.
                            ``(II) Water Infrastructure Finance and 
                        Innovation Act Program Account.
                            ``(III) America's Water Infrastructure Act 
                        Grant Programs under section 1459A of the Safe 
                        Drinking Water Act (42 U.S.C. 300j-19a).
                            ``(IV) Alaska Native Village Waste and 
                        Drinking Water Facilities Programs under 
                        section 221 of the Federal Water Pollution 
                        Control Act (33 U.S.C. 1301) and the 
                        Consolidated Farm and Rural Development Act (7 
                        U.S.C. 1921 et seq.).
                    ``(ix) For the Department of Agriculture:
                            ``(I) Forest Service, Capital Improvements 
                        and Maintenance.
                            ``(II) Natural Resources Conservation 
                        Service:
                                    ``(aa) Watershed Rehabilitation 
                                Program.
                                    ``(bb) Private Lands Conservation 
                                Operations under the Soil Conservation 
                                and Domestic Allotment Act (16 U.S.C. 
                                590a et seq.).
                                    ``(cc) Emergency Watershed 
                                Protection Program established under 
                                section 403 of the Agricultural Credit 
                                Act of 1978 (16 U.S.C. 2203).
                                    ``(dd) Small Watersheds Program 
                                established by the Secretary of 
                                Agriculture to carry out the Watershed 
                                Protection and Flood Prevention Act (16 
                                U.S.C. 1001 et seq.).
                            ``(III) Rural Utilities Service:
                                    ``(aa) Electric loans under the 
                                Rural Electrification Act of 1936 (7 
                                U.S.C. 901 et seq.).
                                    ``(bb) Telecommunications loans 
                                under the Rural Electrification Act of 
                                1936 (7 U.S.C. 901 et seq.).
                                    ``(cc) Rural Water And Waste 
                                Disposal Program Account.
                                    ``(dd) Broadband Loan and Grant 
                                Pilot Program.
                            ``(IV) Rural Housing Service--Rural 
                        Community Facilities Program Account.''.
    (b) Spending Limits.--Section 251(c) of the Balanced Budget and 
Emergency Deficit Control Act of 1985 (2 U.S.C. 901(c)) is amended--
            (1) in paragraph (7)(B), by striking ``and at the end''; 
        and
            (2) by inserting after paragraph (8)(B) the following:
            ``(9) for fiscal year 2022--
                    ``(A) for the revised security category 
                $645,325,600,000 in new budget authority;
                    ``(B) for the revised nonsecurity category, 
                $580,861,700,000 in new budget authority; and
                    ``(C) for the infrastructure category, 
                $61,812,700,000 in new budget authority; and
            ``(10) for fiscal year 2023--
                    ``(A) for the revised security category 
                $649,985,500,000 in new budget authority;
                    ``(B) for the revised nonsecurity category, 
                $585,122,700,000 in new budget authority; and
                    ``(C) for the infrastructure category, 
                $62,891,800,000 in new budget authority;''.
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