,,ii  #aai? ,,congress  #a/ ,session    
,s4 #egj  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,febru>y #ac1 #bjbe,mr4
 ,kelly 7= himself & ,mr4 ,cram]7       
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,environm5t & ,public ,works  ,a ,,bill 
,to am5d ! ,wat] ,infra/ructure ,f9ance 
& ,innovation ,act ( #bjad to e/abli%   
paym5t & p]=mance security requirem5ts =
 projects1 & = o!r purposes4  #a4 ,%ort 
title ,?is ,act may be cit$ z ! ,wat]   
,infra/ructure ,subcontractor & ,taxpay]
 ,protection ,act ( #bjbe4  #b4 ,f$]al  
requirem5ts = ,,wifia eligibility &     
project selection ,section              
#ejbh7;a77#a77;,c7 ( ! ,wat]            
,infra/ructure ,f9ance & ,innovation    
,act ( #bjad 7#cc ,u4,s4,c4             
#cijg7;a77#a77;,c77 is am5d$-- 7#a7 by  
/rik+ ,! ,secret>y & ins]t+ ! foll[+3   
7i7 ,f9anc+ security features ,!        
,secret>y  2 &  7#b7 by add+ at ! end ! 
foll[+3  7ii7 ,con/ruction paym5t &     
p]=mance security  7,i7 ,9 g5]al ,!     

,secret>y or ! ,adm9i/rator1 z          
applicable1 %all ensure t ! con/ruction 
( a project c>ri$ out ) assi/ance "u ?is
 subtitle has paym5t & p]=mance security
 9 accordance ) ?is clause4  7,,ii7 ,use
 ( ,/ate or local requirem5ts ,!        
,secret>y or ! ,adm9i/rator1 z          
applicable1 %all consid] subclause 7,i7 
to be satisfi$ ) respect to !           
con/ruction ( a project if-- 7aa7       
applicable ,/ate or local law requires  
paym5t & p]=mance security ) respect to 
! con/ruction2 &  7bb7 ! am\nt ( t      
paym5t & p]=mance security is n less ?an
 #ej p]c5t ( ! total con/ruction        
contract am\nt4  7,,iii7 ,use ( bonds ,)
 respect to ! con/ruction ( a project to
 :i* no ,/ate or local paym5t & p]=mance
 security requirem5ts apply or = :i* !  
am\nt ( paym5t & p]=mance security "u   
applicable ,/ate or local paym5t &      
p]=mance requirem5ts does n meet !      
requirem5t describ$ 9 subclause         
7,,ii77bb71 ! ,secret>y or !            
,adm9i/rator1 z applicable1 %all        

require1 = purposes ( satisfy+ subclause
 7,i71 t ! requirem5ts describ$ 9       
p>agraphs 7#a7 & 7#b7 ( section         
#caca7;b7 ( title #dj1 ,unit$ ,/ates    
,code1 be met4  4