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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
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Plain-English summary Congressional Research Service

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 September 29, 2020

Read twice and referred to the Committee on Finance.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Cassidy, Bill
Louisiana · Sep 29, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4754: A bill to amend the Internal Revenue Code of 1986 to establish COVID Recovery Bonds, and for other purposes.. 116th Congress. Open America. https://openamerica.io/bill/116-S-4754/
MLA
"S. 4754: A bill to amend the Internal Revenue Code of 1986 to establish COVID Recovery Bonds, and for other purposes.." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-4754/.
Bluebook (legal)
S. 4754, 116th Cong. (2026), https://openamerica.io/bill/116-S-4754/.
Markdown link
[S. 4754: A bill to amend the Internal Revenue Code of 1986 to establish COVID Recovery Bonds, and for other purposes.](https://openamerica.io/bill/116-S-4754/)
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