Infrastructure Funding Bill Could Be Part of Transportation Reauthorization Bill
Legislation establishing an independent financing fund for large-scale infrastructure projects was introduced by a bipartisan group of senators and could become a component of next year's transportation reauthorization. The bill (S 1716), introduced by Sens. Mark Warner (D-Va.) and Roy Blunt (R-Mo.), would provide loans and loan guarantees for large-scale road, bridge, rail, airport and port projects. Most of the projects would have to be at least $50 million in size with a small part of the funding carved out for rural projects that cost $10 million or more.