S 4754
116th Congress
Senate
Taxation
Building construction
Educational facilities and institutions
Electric power generation and transmission
Elementary and secondary education
Emergency medical services and trauma care
Energy storage, supplies, demand
First responders and emergency personnel
Government buildings, facilities, and property
Health facilities and institutions
Higher education
Income tax exclusion
Interest, dividends, interest rates
Judicial procedure and administration
Libraries and archives
Oil and gas
Securities
State and local finance
A bill to amend the Internal Revenue Code of 1986 to establish COVID Recovery Bonds, and for other purposes.
Introduced: September 29, 2020
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2020
Read twice and referred to the Committee on Finance.
Sep 29, 2020
Introduced in Senate
Plain-English summary
This bill establishes a program of COVID Recovery Bonds which are treated as exempt facility bonds for tax purposes. It also provides for tax-exempt financing of qualified government buildings. The bill defines qualified government buildings to include (1) an elementary or secondary school, (2) a facility of a state college or university used for educational purposes, (3) a library open to the general public, (4) a court of law, (5) a hospital or health care facility, (6) a laboratory or research facility, and (7) a public safety facility.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1