US HB6206 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 15-0)
Status: Introduced on July 26 2012 - 25% progression, died in committee
Action: 2012-07-26 - 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 2012 - Amends the Internal Revenue Code to: (1) make permanent the issuance authority for Build America Bonds and the authority for payments to issuers of such bonds; (2) make phased reductions in the credit percentage to bondholders and the percentage of payments to issuers of such bonds; (3) allow refundings of currently issued bonds; (4) allow the use of Build America bonds to fund capital expenditures for levees and flood control projects; and (5) deny a tax deduction to major integrated oil companies for income attributable to the production, refining, processing, transportation, or distribution of oil, gas, or any primary product thereof.

Tracking Information

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Title

Build America Bonds Act of 2012

Sponsors


History

DateChamberAction
2012-07-26HouseReferred to the House Committee on Ways and Means.

Same As/Similar To

HB11 (Related) 2011-02-10 - Referred to the House Committee on Ways and Means.
HB736 (Related) 2011-02-16 - Referred to the House Committee on Ways and Means.
HB747 (Related) 2011-02-16 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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