HR 688

112th CONGRESS
1st Session

H. R. 688

To amend title 49, United States Code, to provide authority to the Secretary of Transportation to guarantee sureties against loss resulting from a breach of the terms of a bond by an eligible small business concern, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

February 14, 2011

Mr. CUMMINGS introduced the following bill; which was referred to the Committee on Transportation and Infrastructure


A BILL

To amend title 49, United States Code, to provide authority to the Secretary of Transportation to guarantee sureties against loss resulting from a breach of the terms of a bond by an eligible small business concern, and for other purposes.

SECTION 1. SHORT TITLE.

SEC. 2. AUTHORITY OF SECRETARY TO GUARANTEE SURETY AGAINST LOSS FROM PRINCIPAL'S BREACH OF BOND.

SEC. 3. NATIONAL INFORMATION CLEARINGHOUSE.

SEC. 4. PROVISION OF RELEVANT INFORMATION.

END