US HB5330 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on July 31 2014 - 25% progression, died in committee
Action: 2014-07-31 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 31 2014 - 25% progression, died in committee
Action: 2014-07-31 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Bringing Urgent Investment to Local Development Act or the BUILD Act - Amends the Internal Revenue Code, with respect to the tax credit for investment in Build America bonds, to: (1) make permanent the authority for issuance of such bonds, (2) phase in an annual reduction in the credit rate for bondholders and issuers between 2014 and 2019, and (3) allow an issuer a refundable credit amount for investment in economic development bonds in cities with specified unemployment and poverty rates and population loss.
Title
Bringing Urgent Investment to Local Development Act
Sponsors
Rep. John Conyers [D-MI] | Rep. Matthew Cartwright [D-PA] | Rep. Sheila Jackson-Lee [D-TX] | Rep. Marcy Kaptur [D-OH] |
Rep. Barbara Lee [D-CA] | Rep. Gregory Meeks [D-NY] | Rep. Eleanor Norton [D-DC] | Rep. Charles Rangel [D-NY] |
Rep. Frederica Wilson [D-FL] |
History
Date | Chamber | Action |
---|---|---|
2014-07-31 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
HB789 (Related) 2013-02-15 - Referred to the House Committee on Ways and Means.
Subjects
Economic development
Income tax credits
Securities
State and local finance
Urban and suburban affairs and development
Income tax credits
Securities
State and local finance
Urban and suburban affairs and development
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/5330/all-info |
Text | https://www.congress.gov/113/bills/hr5330/BILLS-113hr5330ih.pdf |