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]

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.

Tracking Information

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Title

Bringing Urgent Investment to Local Development Act

Sponsors


History

DateChamberAction
2014-07-31HouseReferred 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


US Congress State Sources


Bill Comments

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