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New Infrastructure Project Rules: Protecting Taxpayers and Subcontractors

This bill adds new requirements for large infrastructure projects funded by a federal program called TIFIA. It puts safeguards in place to help ensure that subcontractors get paid and taxpayer money is protected if the main company building the project faces financial trouble.
Key points
Requires financial security (like bonds) for projects using TIFIA federal loans.
Helps protect subcontractors who work on these projects.
Aims to safeguard taxpayer funds used for infrastructure development.
Applies to new contracts signed after the bill becomes law.
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Additional Information
Print number: 117_HR_1641
Sponsor: Rep. Lynch, Stephen F. [D-MA-8]
Process start date: 2021-03-08
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Summarized by: gemini-2.5-flash-preview-04-17
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Promoting Infrastructure by Protecting Our Subcontractors and Taxpayers Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1641.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-03-08.

What are the main provisions?

Key points include:

  • Requires financial security (like bonds) for projects using TIFIA federal loans.
  • Helps protect subcontractors who work on these projects.
  • Aims to safeguard taxpayer funds used for infrastructure development.
  • Applies to new contracts signed after the bill becomes law.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lynch, Stephen F. [D-MA-8].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Highways and Transit.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Transport Public Investments