TRIP Bonds Act

Read twice and referred to the Committee on Finance.

Congressional Research Service

Official summary

Version 00 · Introduced in Senate · Jul 28, 2011

Transportation and Regional Infrastructure Project Bonds Act of 2011 or TRIP Bonds Act - Amends the Internal Revenue Code to allow an income tax credit for any TRIP bond issued by 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.

Defines "qualified project" as the capital improvements to any transportation infrastructure project (including roads, bridges, rail and transit systems, ports, and inland waterways) proposed and approved by a state infrastructure bank.

Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to extend certain customs fees for the processing of merchandise entered into the United States through specified dates in 2048.

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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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Jul 28, 2011
Read twice and referred to the Committee on Finance.
Jul 28, 2011
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 · Jul 28, 2011 Formatted Text PDF Formatted XML

Related bills identified by Congress.gov

HR 3736 · TRIP Bonds Act

Source last updated: Dec 5, 2025. Consult Congress.gov for the current record.

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Analyze S.1436 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.1436, 112th Congress: TRIP Bonds Act

Official record: https://www.congress.gov/bill/112th-congress/senate-bill/1436

Text version to examine: Introduced in Senate · 2011-07-28.

Official full text: https://www.congress.gov/112/bills/s1436/BILLS-112s1436is.htm

Imported record last updated by the source: 2025-12-05T19:32:07Z. 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.1436 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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Examine S.1436 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.1436, 112th Congress: TRIP Bonds Act

Official record: https://www.congress.gov/bill/112th-congress/senate-bill/1436

Text version to examine: Introduced in Senate · 2011-07-28.

Official full text: https://www.congress.gov/112/bills/s1436/BILLS-112s1436is.htm

Imported record last updated by the source: 2025-12-05T19:32:07Z. 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.1436 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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Examine S.1436 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.1436, 112th Congress: TRIP Bonds Act

Official record: https://www.congress.gov/bill/112th-congress/senate-bill/1436

Text version to examine: Introduced in Senate · 2011-07-28.

Official full text: https://www.congress.gov/112/bills/s1436/BILLS-112s1436is.htm

Imported record last updated by the source: 2025-12-05T19:32:07Z. 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.1436 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.1436, 112th Congress: TRIP Bonds Act

Official record: https://www.congress.gov/bill/112th-congress/senate-bill/1436

Text version to examine: Introduced in Senate · 2011-07-28.

Official full text: https://www.congress.gov/112/bills/s1436/BILLS-112s1436is.htm

Imported record last updated by the source: 2025-12-05T19:32:07Z. 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.1436 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.