S.Amdt. 2221Senate117th Congress (2021-2023)2nd degree
S.Amdt. 2221
Sponsored by
Sen. Chris Van Hollen (D-MD)
Submitted August 2, 2021
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Senate amendment submitted
August 2, 2021
Text
Submitted
SA 2221. Mr. VAN HOLLEN (for himself, Mr. Rounds, and Ms. Ernst) submitted an amendment intended to be proposed to amendment SA 2137 proposed by Mr. Schumer (for Ms. Sinema (for herself, Mr. Portman, Mr. Manchin, Mr. Cassidy, Mrs. Shaheen, Ms. Collins, Mr. Tester, Ms. Murkowski, Mr. Warner, and Mr. Romney)) to the bill H.R. 3684, to authorize funds for Federal-aid highways, highway safety programs, and transit programs, and for other purposes; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. ____. FEDERAL REQUIREMENTS FOR TIFIA ELIGIBILITY AND PROJECT SELECTION. (a) In General.--Section 602(c) of title 23, United States Code, is amended by adding at the end the following: ``(3) Payment and performance security.-- ``(A) In general.--The Secretary shall ensure that the design and construction of a project carried out with assistance under the TIFIA program shall have appropriate payment and performance security, regardless of whether the obligor is a State, local government, agency or instrumentality of a State or local government, public authority, or private party. ``(B) Written determination.--If payment and performance security is required to be furnished by applicable statute or regulation, the Secretary may accept such payment and performance security requirements applicable to the obligor if the Secretary has made a written determination that the Federal interest with respect to Federal funds and other project risk related to design and construction is adequately protected. ``(C) No determination or applicable requirements.--If a determination under this paragraph has not been made or there are no payment and performance security requirements applicable to the obligor, the security under section 3131(b) of title 40 shall be required.''. (b) Applicability.--The amendments made by this Act shall apply with respect to any contract entered into on or after the date of enactment of this Act. ______