HR 5330 113th Congress House Taxation Economic development Income tax credits Securities State and local finance Urban and suburban affairs and development

BUILD Act

Introduced: July 31, 2014 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 31, 2014

Referred to the House Committee on Ways and Means.

Jul 31, 2014

Introduced in House

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Plain-English summary Congressional Research Service

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.

What's happening now July 31, 2014

Referred to the House Committee on Ways and Means.

Related & companion bills 1

Bill text 1 version