1. Short title
This Act may be cited as the “State Transportation and Infrastructure Financing Innovation Act (STIFIA)”.
State Transportation and Infrastructure Financing Innovation Act (STIFIA)
A BILL
To amend title 23, United States Code, to reauthorize the State infrastructure bank program.
2. State infrastructure bank program
Section 610 of title 23, United States Code, is amended—
in subsection (d)—
in paragraph (1), by striking subparagraph (A) and inserting the following:
“(A) 15 percent of the funds apportioned to the State for each of fiscal years 2016 through 2020 under each of sections 104(b)(1) and 104(b)(2); and”
in paragraph (2), by striking “2005 through 2009” and inserting “2016 through 2020”;
in paragraph (3), by striking “2005 through 2009” and inserting “2016 through 2020”; and
in paragraph (5), by striking “section 133(d)(3)” and inserting “section 133(d)(4)”; and
in subsection (k), by striking “2005 through 2009” and inserting “2016 through 2020”.