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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (3)

Short Titles

Short Titles - Senate

Short Titles as Introduced

RAPID Act
Revitalizing American Priorities for Infrastructure Development Act

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend title 23, United States Code, to improve the transportation infrastructure finance and innovation (TIFIA) program, and for other purposes.


Actions Overview (1)

Date Actions Overview
11/15/2018Introduced in Senate

All Actions (1)

Date All Actions
11/15/2018Read twice and referred to the Committee on Environment and Public Works. (text of measure as introduced: CR S7053)
Action By: Senate

Cosponsors (1)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Kaine, Tim [D-VA]* 11/15/2018

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
Senate Environment and Public Works11/15/2018 Referred to

No related bill information was received for S.3631.


Subjects (1)


Latest Summary (1)

There is one summary for S.3631. View summaries

Shown Here:
Introduced in Senate (11/15/2018)

Revitalizing American Priorities for Infrastructure Development Act or the RAPID Act

This bill revises the transportation infrastructure finance and innovation (TIFIA) program to: (1) require program applicants to obtain investment grade ratings from at least two credit rating agencies, unless the federal credit instrument is less than $150 million (currently, less than $75 million), in which case one rating will suffice; (2) require the Department of Transportation (DOT) to implement an expedited decision timeline for public agency borrowers seeking secured loans; and (3) require DOT to publish status reports on program applications on the TIFIA website.