S 4203
116th Congress
Senate
Taxation
Income tax credits
Infrastructure development
Interest, dividends, interest rates
Securities
American Infrastructure Bonds Act of 2020
Introduced: July 2, 2020
Introduced by:
Wicker, Roger F.
Republican
· Mississippi
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 2, 2020
Read twice and referred to the Committee on Finance.
Jul 2, 2020
Introduced in Senate
Plain-English summary
American Infrastructure Bonds Act of 2020
This bill allows the issuer of an American infrastructure bond a credit with respect to each interest payment under such bond. Specifically, a credit of 35% of such interest is payable for bonds issued before January 1, 2026, and 28% for bonds issued after December 31, 2025.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1