(a) In General.— On June 1, 2012, and every 2 years thereafter, the Secretary shall submit to Congress a report summarizing the financial performance of the projects that are receiving, or have received, assistance under this chapter (other than section
610), including a recommendation as to whether the objectives of this chapter (other than section
610) are best served by—
(1)continuing the program under the authority of the Secretary;
(2)establishing a Federal corporation or federally sponsored enterprise to administer the program; or
(3)phasing out the program and relying on the capital markets to fund the types of infrastructure investments assisted by this chapter (other than section
610) without Federal participation.
(b) Application Process Report.—
(1) In general.— Not later than December 1, 2012, and annually thereafter, the Secretary shall submit to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Environment and Public Works of the Senate a report that includes a list of all of the letters of interest and applications received from project sponsors for assistance under this chapter (other than section
610) during the preceding fiscal year.
(A) In general.— Each report under paragraph (1) shall include, at a minimum, a description of, with respect to each letter of interest and application included in the report—
(i)the date on which the letter of interest or application was received;
(ii)the date on which a notification was provided to the project sponsor regarding whether the application was complete or incomplete;
(iii)the date on which a revised and completed application was submitted (if applicable);
(iv)the date on which a notification was provided to the project sponsor regarding whether the project was approved or disapproved; and
(v)if the project was not approved, the reason for the disapproval.
(B) Correspondence.— Each report under paragraph (1) shall include copies of any correspondence provided to the project sponsor in accordance with section
2005—Pub. L. 109–59, § 1602(d), renumbered section
189 of this title as this section.
Pub. L. 109–59, § 1601(h), substituted “Reports” for “Report” in section catchline, “On June 1, 2006, and every 2 years thereafter,” for “Not later than 4 years after the date of enactment of this subchapter,” in introductory provisions, and “chapter (other than section
610)” for “subchapter” wherever appearing.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.