,,ii #aafth ,,congress #ast ,session ,s4 #bbac ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,july #bc1 #bjai ,mr4 ,gardner 7for himself and ,mr4 ,bennet7 introduced the following bill2 which was read twice and referred to the ,committee on ,commerce1 ,science1 and ,transportation ,a ,,bill ,to require the ,secretary of ,transportation to repay the credit risk premiums paid with respect to certain railroad infrastructure loans after the obligations attached to such loans have been satisfied4 #a4 ,short title ,this ,act may be cited as the ,railroad ,rehabilitation and ,improvement ,financing ,equity ,act4 #b4 ,credit risk premiums 7a7 ,refund ,section #ejb7;f7 of the ,railroad ,revitalization and ,regulatory ,reform ,act of #aigf 7#de ,u4,s4,c4 #hbb7;f77 is amended by adding at the end the following3 7#e7 ,refund of premiums ,the ,secretary shall repay the credit risk premium of each loan1 with interest accrued thereon1 not later than #fj days after the date on which all obligations attached to each such loan have been satisfied4 ,for each loan for which obligations have already been satisfied1 as of the date of enactment of the ,railroad ,rehabilitation and ,improvement ,financing ,equity ,act1 the ,secretary shall repay the credit risk premium of each such loan1 with interest accrued thereon1 not later than #fj days after the date of the enactment of such ,act4 4 7b7 ,authorization of appropriations ,there are authorized to be appropriated such sums as may be necessary to pay the cost of any direct loan modification 7as defined in section #ejb of the ,federal ,credit ,reform ,act of #aiij7 to carry out section #ejb7;f77#e7 of the ,railroad ,revitalization and ,regulatory ,reform ,act of #aigf1 as added by subsection 7a74