H.R. 688: Department of Transportation Bonding Assistance Authority Act of 2011
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H.R. 688: Department of Transportation Bonding Assistance Authority Act of 2011
112th Congress · introduced 2011-02-14 · Transportation and Public Works · Latest: Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
federal
Follow this bill, step by step
- Where it came from: introduced 2011-02-14 · official record
- Who proposed it: Rep. Cummings, Elijah E. [D-MD-7] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Department of Transportation Bonding Assistance Authority Act of 2011
Plain summary
Department of Transportation Bonding Assistance Authority Act of 2011 - Replaces the mandate for the Minority Resource Center to provide bonding assistance to disadvantaged business enterprises. Authorizes the Secretary of Transportation, acting through the Minority Resource Center, to prescribe, guarantee, and enter into commitments to guarantee a surety against loss resulting from a small business concern's breach of a bond that is required for it to bid on or perform a transportation project contract, pay on the contract, or serve as a prime contractor or subcontractor on such contract. Authorizes the Secretary to indemnify such a surety up to 90% of any loss sustained by it in avoiding or attempting to avoid a breach of a bond guaranteed under this Act. Requires the Secretary to establish a program under which not more than five selected states may carry out: (1) the activities of the Secretary with respect to issuing surety guarantees, as well as (2) the activities of sureties to assist eligible small business concerns.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
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If it passes both chambers and is signed, it becomes law.
A “Nay” vote
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What does this mean? (plain words)
Official text
Department of Transportation Bonding Assistance Authority Act of 2011
Source: Congressional Research Service summary (Introduced in House)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Cummings, Elijah E. [D-MD-7] · 5 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Bennie G. Thompson (D-MS), Al Green (D-TX)
Agencies named in this bill
- Department of Transportation: its federal spending and other bills that name it
Found automatically: the agency's full official name appears in the bill title. A bill can affect agencies it does not name, so this list may be incomplete.
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (1)
- Bond
- A way to borrow money. A government sells bonds to raise money now and promises to pay it back with interest over time. Bonds repaid from taxes often need voter approval.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-112hr688.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/112/hr>
Record fed-us-cong112-hr688 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112