American Infrastructure Opportunity Bonds Act
Latest action · May 3, 2017 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 3, 2017
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
American Infrastructure Opportunity Bonds Act
This bill directs the Department of the Treasury, when the real rate (the interest rate on outstanding marketable U.S. obligations with remaining maturity periods of approximately one year minus the inflation rate) equals zero percent or less, to:
- issue government bonds (American Infrastructure Opportunity Bonds) with a face value of $20 billion; and
- deposit amounts equivalent to the proceeds from such issuance into the Highway Trust Fund (HTF), of which 20% shall be deposited into the Mass Transit Account.
Cosponsors
Members who signed on, in the order they did.
Actions 2
Everything that happened, newest first.
- May 3, 2017Introduced in House
- May 3, 2017Referred to the House Committee on Ways and Means.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 276 | To amend title 49, United States Code, to ensure reliable air service in American Samoa. | Identical bill | Feb 1, 2017 |
| HR 2996 | Supplemental Nutrition Assistance Program Reform Act of 2017 | Related bill | Jul 11, 2017 |
Subjects
Assigned by the Library of Congress. Policy area: Transportation and Public Works.
Text 1
Each version as it was printed, newest first.
- May 3, 2017Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.