,i #aafth ,,congress #b;d ,session ,h4 ,r4 #fcei ,,in ,,the ,,house ,,of ,,representatives ,march #bc1 #bjbj,mr4 ,lynch 7for himself1 ,mr4 ,balderson1 ,mr4 ,pappas1 and ,mr4 ,webster of ,florida7 introduced the following bill2 which was referred to the ,committee on ,transportation and ,infrastructure ,a ,,bill ,to amend title #bc1 ,united ,states ,code1 to include a payment and performance security requirement for certain infrastructure financing1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,promoting ,infrastructure by ,protecting ,our ,subcontractors and ,taxpayers ,act4 #b4 ,federal requirements for ,,tifia eligibility and project selection 7a7 ,in general ,section #fjb7;c7 of title #bc1 ,united ,states ,code1 is amended by adding at the end the following3 7#c7 ,payment and performance security ,the ,secretary shall ensure that the design and construction of a project carried out with assistance under this section shall have appropriate payment and performance security1 regardless of whether the obligor is a ,state1 local government1 agency or instrumentality of a ,state or local government1 public authority1 or private party4 ,if such obligor is a ,state1 local government1 agency or instrumentality of a ,state or local government1 or public authority1 and payment and performance security is required to be furnished by applicable statute or regulation1 the ,secretary may accept such payment and performance security requirements applicable to the obligor if the ,secretary has made a written determination that the ,federal interest is adequately protected4 ,if a determination under this paragraph has not been made or there are no payment and performance security requirements applicable to the obligor1 the security under section #caca7;b7 of title #dj shall be required4 4 7b7 ,applicability ,the amendments made by this ,act shall apply with respect to any contract entered into on or after the date of enactment of this ,act4