SENATE 479117th CongressRead twice and referred to the Committee on Finance.
LOCAL Infrastructure Act
- Last Action
- 2/25/2021
Actions
- 2021-02-25Read twice and referred to the Committee on Finance.
- 2021-02-25Introduced in Senate
CRS Summary
As of 2021-02-25 (00)
Lifting Our Communities through Advance Liquidity for Infrastructure Act or the LOCAL Infrastructure Act
This bill reinstates tax provisions relating to advance refunding bonds. An advance refunding bond is a tax-exempt bond issued by a state or municipality to refinance or consolidate existing bond obligations.
Cosponsors (20)
- Debbie Stabenow (D-MI)
- John Barrasso (R-WY)
- Michael Bennet (D-CO)
- Jim Inhofe (R-OK)
- Tammy Baldwin (D-WI)
- Shelley Capito (R-WV)
- Robert Menendez (D-NJ)
- Jerry Moran (R-KS)
- Jeanne Shaheen (D-NH)
- Lisa Murkowski (R-AK)
- Chris Van Hollen (D-MD)
- Deb Fischer (R-NE)
- John Boozman (R-AR)
- Jacklyn Rosen (D-NV)
- Dianne Feinstein (D-CA)
- Cynthia Lummis (R-WY)
- Sherrod Brown (D-OH)
- Kyrsten Sinema (D-AZ)
- Alex Padilla (D-CA)
- Roy Blunt (R-MO)
Subjects
- Income tax exclusion
- Securities
- State and local finance
Sourced from Congress.gov (public domain).
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