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]
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.
Title
Build America Bonds Act of 2015
Sponsors
Rep. Richard Neal [D-MA] | Rep. Joseph Crowley [D-NY] | Rep. Linda Sanchez [D-CA] | Rep. Earl Blumenauer [D-OR] |
Rep. Charles Rangel [D-NY] | Rep. Bill Pascrell [D-NJ] | Rep. John Larson [D-CT] | Rep. Sander Levin [D-MI] |
Rep. Mike Thompson [D-CA] | Rep. Xavier Becerra [D-CA] | Rep. Ron Kind [D-WI] | Rep. John Lewis [D-GA] |
History
Date | Chamber | Action |
---|---|---|
2015-06-04 | House | Referred to the House Committee on Ways and Means. |
2015-06-04 | House | Introduced in House |
Same As/Similar To
SB1515 (Related) 2015-06-04 - Read twice and referred to the Committee on Finance.
Subjects
Economic development
Floods and storm protection
Income tax credits
Public transit
Securities
State and local finance
Taxation
Transportation programs funding
Floods and storm protection
Income tax credits
Public transit
Securities
State and local finance
Taxation
Transportation programs funding
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/house-bill/2676/all-info |
Text | https://www.congress.gov/114/bills/hr2676/BILLS-114hr2676ih.pdf |