S 2320 115th Congress Senate

BUILD Act

Official title: A bill to amend the Internal Revenue Code of 1986 to increase the national limitation amount for qualified highway or surface freight transfer facility bonds.

Introduced: January 18, 2018 Introduced by: Cornyn, John Republican · Texas See on congress.gov

Taxation Income tax exclusionMotor carriersRailroadsRoads and highways

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SecuritiesState and local financeTransportation programs funding

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jan 18, 2018

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S301-302)

Jan 18, 2018

Introduced in Senate

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Latest action January 18, 2018

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S301-302)

Plain-English summary Congressional Research Service

Building United States Infrastructure and Leveraging Development Act or the BUILD Act

This bill amends the Internal Revenue Code to increase from $15 billion to $20.8 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.

Bill text 1 version