TRIP Bonds Act

Read twice and referred to the Committee on Finance.

Congressional Research Service

Official summary

Version 00 · Introduced in Senate · Jun 27, 2013

Transportation and Regional Infrastructure Project Bonds Act of 2013 or TRIP Bonds Act - Amends the Internal Revenue Code to allow an income tax credit for any TRIP bond issued by or for the benefit of a state infrastructure bank as part of an issue, if 100% of the available project proceeds from such issue are to be used for expenditures incurred for one or more qualified projects. Requires proceeds from the sale of bonds issued under this Act to be held in a TRIP Bonds Trust Account (including one or more subaccounts).

Defines "qualified project" as a capital transportation infrastructure project (including roads, bridges, rail and transit systems, ports, and inland waterways) proposed and approved by a state infrastructure bank, as well as any flood damage risk reduction project with a completed Report of the Chief of Engineers of the Army Corps of Engineers.

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People & committees

Who introduced it

Sen. Wyden, Ron [D-OR] · D–OR

Committees

Finance Committee

2 cosponsorship records, including any withdrawals

Legislative record

Actions

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Jun 27, 2013
Read twice and referred to the Committee on Finance.
Jun 27, 2013
Introduced in Senate

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Introduced in Senate · Jun 27, 2013 Formatted Text PDF Formatted XML

Related bills identified by Congress.gov

HR 2534 · TRIP Bonds Act

Source last updated: Dec 9, 2025. Consult Congress.gov for the current record.

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Objective

Analyze S.1250 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Discuss S.1250, 113th Congress: TRIP Bonds Act

Official record: https://www.congress.gov/bill/113th-congress/senate-bill/1250

Text version to examine: Introduced in Senate · 2013-06-27.

Official full text: https://www.congress.gov/113/bills/s1250/BILLS-113s1250is.htm

Imported record last updated by the source: 2025-12-09T18:36:22Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze S.1250 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Progressive lens

Examine S.1250 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Discuss S.1250, 113th Congress: TRIP Bonds Act

Official record: https://www.congress.gov/bill/113th-congress/senate-bill/1250

Text version to examine: Introduced in Senate · 2013-06-27.

Official full text: https://www.congress.gov/113/bills/s1250/BILLS-113s1250is.htm

Imported record last updated by the source: 2025-12-09T18:36:22Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.1250 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Conservative lens

Examine S.1250 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Discuss S.1250, 113th Congress: TRIP Bonds Act

Official record: https://www.congress.gov/bill/113th-congress/senate-bill/1250

Text version to examine: Introduced in Senate · 2013-06-27.

Official full text: https://www.congress.gov/113/bills/s1250/BILLS-113s1250is.htm

Imported record last updated by the source: 2025-12-09T18:36:22Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.1250 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Liberty lens

Examine S.1250 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

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Discuss S.1250, 113th Congress: TRIP Bonds Act

Official record: https://www.congress.gov/bill/113th-congress/senate-bill/1250

Text version to examine: Introduced in Senate · 2013-06-27.

Official full text: https://www.congress.gov/113/bills/s1250/BILLS-113s1250is.htm

Imported record last updated by the source: 2025-12-09T18:36:22Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.1250 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.