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Railroad Loan Fee Refunds: Supporting Transport Infrastructure

This act aims to refund credit risk premiums paid for certain railroad infrastructure loans. This means that once loans are repaid, these funds will be returned to the entities that paid them, potentially aiding in the financing of future rail projects and improving transport quality.
Key points
The act mandates the refund of credit risk premiums for railroad loans after they are satisfied.
Refunds will include accrued interest on these premiums.
Funds will be returned within 60 days of loan satisfaction or the act's enactment if the loan is already satisfied.
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Expired
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Additional Information
Print number: 117_HR_3318
Sponsor: Rep. Perlmutter, Ed [D-CO-7]
Process start date: 2021-05-18
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Railroad Rehabilitation and Improvement Financing Equity Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_3318.

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 2021-05-18.

What are the main provisions?

Key points include:

  • The act mandates the refund of credit risk premiums for railroad loans after they are satisfied.
  • Refunds will include accrued interest on these premiums.
  • Funds will be returned within 60 days of loan satisfaction or the act's enactment if the loan is already satisfied.
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. Perlmutter, Ed [D-CO-7].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

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 Economy