US HB2676 | 2015-2016 | 114th Congress

Status

Spectrum: Partisan Bill (Democrat 12-0)
Status: Introduced on June 4 2015 - 25% progression, died in committee
Action: 2015-06-04 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Build America Bonds Act of 2015 Amends the Internal Revenue Code, with respect to build America bonds, to: (1) make permanent the issuance authority for such bonds and the authority for payments to bond issuers, (2) make phased reductions in the credit percentage to bondholders and in the percentage of payments to issuers of such bonds, (3) make federal wage rate and other grant requirements applicable to such bonds, (4) allow refundings of currently-issued bonds, and (5) allow the use of such bonds to fund capital expenditures for levees and flood control projects. Provides for an increase in payments to issuers of build America bonds to compensate for reductions in the amount of such payments due to sequestration.

Tracking Information

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Title

Build America Bonds Act of 2015

Sponsors


History

DateChamberAction
2015-06-04HouseReferred to the House Committee on Ways and Means.
2015-06-04HouseIntroduced in House

Same As/Similar To

SB1515 (Related) 2015-06-04 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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