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Bills
House Bill 3651
117th Congress(2021-2022)
RAPID Act
Introduced
Introduced
Introduced in House on Jun 1, 2021
Overview
Text
Introduced
Jun 1, 2021
Latest Action
Jun 2, 2021
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3651
Congress
117
Policy Area
Transportation and Public Works
Transportation and Public Works
Primary focus of measure is all aspects of transportation modes and conveyances, including funding and safety matters; Coast Guard; infrastructure development; travel and tourism. Measures concerning water resources and navigation projects may fall under Water Resources Development policy area.
Sponsorship by Party
Democrat
Colin Allred
Texas
Democrat
Norma Torres
California
Republican
Mike Gallagher
Wisconsin
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

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 time line for public agency borrowers seeking secured loans; and (3) require DOT to publish status reports on program applications on the TIFIA website.

Text (1)
Introduced in House
June 1, 2021
Related Bills (3)
Nov 15, 2021
Became Public Law 117-58
6
Sponsorship
House Bill 3684
Infrastructure Investment and Jobs Act
Became Law
Amendments
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
May 27, 2021
Introduced in Senate
4
Sponsorship
Senate Bill 1953
Surface Transportation Reauthorization Act of 2021
Introduced
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Mar 24, 2021
Introduced in Senate
2
Sponsorship
Introduced
Type
Identical Bill
Identical Bill
A bill that is word-for-word identical to another bill. Bills are characterized as identical to each other at the introduced stage only, even though a later (e.g., reported or passed) version of a bill might meet the same criteria for text similarity. Companion measures, procedurally-related measures, and legislation with text similarities are other related bill types.
Identified By
CRS
Actions (3)
06/02/2021
Referred to the Subcommittee on Highways and Transit.
06/01/2021
Referred to the House Committee on Transportation and Infrastructure.
06/01/2021
Introduced in House
Public Record
Record Updated
Mar 9, 2023 5:47:48 PM
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