Two Democrats in the Senate who influence transportation policy have introduced legislation to create the American Infrastructure Investment Fund, a $10 billion infrastructure bank.

Sens. Jay Rockefeller, D-W. Va. and Frank Lautenberg, D-N.J., are backing the bill, S. 387, which would establish a national pool of $5 billion for each of fiscal years 2014 and 2015. That money would function much like a bigger version of the Transportation Infrastructure Finance Innovation, or TIFIA act, providing loans and loan guarantees for rail lines, marine ports, pipelines, airports, highways, bridges, public transportation systems, and other transportation-related projects.

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