Generating American Income and Infrastructure Now Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jun 14, 2018)
Generating American Income and Infrastructure Now Act
This bill requires the Department of Agriculture (USDA) to sell certain distressed notes and other obligations held by USDA. The sale must be conducted under terms and procedures established by the Department of the Treasury and specified in the bill. Of the proceeds from the sale: (1) 50% must be deposited into an account for carrying out infrastructure projects in low-income communities, and (2) 50% must be retained in the Treasury for deficit reduction.
What just happenedJun 15, 2018
Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Who’s behind it
- Introduced in HouseJun 14, 2018
- Jun 15, 2018Committee
Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Economic Development, Public Buildings, and Emergency Management Subcommittee - Jun 14, 2018IntroReferralH11100
Referred to the Committee on Agriculture, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Transportation and Infrastructure Committee - Jun 14, 2018IntroReferralH11100
Referred to the Committee on Agriculture, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Agriculture Committee - Jun 14, 2018IntroReferralIntro-H
Introduced in House
- Jun 14, 2018IntroReferral1000
Introduced in House