Fixing America's Surface Transportation Act

Unrelated provisions

• This law authorizes the Export-Import Bank of the United States through 2019.
• New crop insurance funding is approved.
• Emigrant Savings Bank would have been exempted from certain provisions of the Dodd–Frank Wall Street Reform and Consumer Protection Act. This was not included in the final bill that was passed into law.
• The Act also includes several revisions to federal securities law, including Section 76001 of the Act. This provision creates a new Section 4 of the Securities Act of 1933, a new exemption from registration under that act intended to facilitate secondary trading of private company securities among accredited investors. By doing so, Congress and the President hoped to support smaller, nonpublic companies with their capital raising efforts by providing more liquidity for their securities, with reduced regulatory burdens.