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New Infrastructure Investments: Roads, Railways, Ports, and More

This act establishes a new institution, the Infrastructure Financing Authority (IFA), to support large infrastructure projects across the U.S. through direct loans and loan guarantees. The goal is to attract private investment, create jobs, and enhance national competitiveness. Citizens can anticipate improved roads, bridges, public transportation, and other facilities, impacting their daily commutes and access to services.
Key points
An Infrastructure Financing Authority (IFA) is established to support major projects like roads, bridges, railways, airports, ports, and water systems.
IFA will provide loans and guarantees to encourage private sector investment in infrastructure, aiming to create new jobs.
Projects must demonstrate public benefit, economic viability, and regional or national significance.
The act includes provisions for supporting rural infrastructure projects with lower cost thresholds and a dedicated technical assistance office.
Oversight mechanisms, including audits and reports, are put in place to ensure transparency and efficiency of IFA operations.
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Additional Information
Print number: 117_S_1499
Sponsor: Sen. Warner, Mark R. [D-VA]
Process start date: 2021-04-29
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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

REPAIR Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1499.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-04-29.

What are the main provisions?

Key points include:

  • An Infrastructure Financing Authority (IFA) is established to support major projects like roads, bridges, railways, airports, ports, and water systems.
  • IFA will provide loans and guarantees to encourage private sector investment in infrastructure, aiming to create new jobs.
  • Projects must demonstrate public benefit, economic viability, and regional or national significance.
  • The act includes provisions for supporting rural infrastructure projects with lower cost thresholds and a dedicated technical assistance office.
  • Oversight mechanisms, including audits and reports, are put in place to ensure transparency and efficiency of IFA operations.
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 Sen. Warner, Mark R. [D-VA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Public Investments Transport Economy