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HR 32 118th Congress House Taxation Government trust funds State and local finance State and local government operations

Keeping Texas School Construction Costs Down Act of 2023

Introduced: January 9, 2023 Introduced by: Doggett, Lloyd Democratic · Texas See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Jan 9, 2023
Referred to the House Committee on Ways and Means.
Jan 9, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Keeping Texas School Construction Costs Down Act of 2023

This bill creates a safe harbor for certain perpetual trust funds. It excludes from the definition of investment property under arbitrage provisions any fund created and controlled by a state and established pursuant to its constitution or state law if on a specified date, substantially all of the assets of the fund consist of nonfinancial assets and the assets are used only to support specifically designated essential governmental functions.

What's happening now January 9, 2023

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 26
All 26 Democratic 10 Republican 13
R
Jackson, Ronny
Texas · May 17, 2023
 R
Van Duyne, Beth
Texas · Apr 25, 2023
Jackson Lee, Sheila
· Apr 6, 2023
 R
Pfluger, August
Texas · Apr 6, 2023
 R
Babin, Brian
Texas · Mar 27, 2023
 D
Casar, Greg
Texas · Mar 27, 2023
 D
Crockett, Jasmine
Texas · Mar 27, 2023
 D
Green, Al
Texas · Mar 23, 2023
 R
Williams, Roger
Texas · Mar 23, 2023
 D
Garcia, Sylvia R.
Texas · Feb 27, 2023
Granger, Kay
· Feb 27, 2023
 D
Castro, Joaquin
Texas · Feb 17, 2023
 D
Escobar, Veronica
Texas · Feb 17, 2023
 R
Gooden, Lance
Texas · Feb 17, 2023
 R
McCaul, Michael T.
Texas · Feb 17, 2023
 R
Ellzey, Jake
Texas · Feb 9, 2023
 D
Fletcher, Lizzie
Texas · Feb 9, 2023
 D
Gonzalez, Vicente
Texas · Feb 9, 2023
 R
Weber, Randy K. Sr.
Texas · Feb 9, 2023
 R
Moran, Nathaniel
Texas · Jan 24, 2023
 D
Veasey, Marc A.
Texas · Jan 24, 2023
Allred, Colin
· Jan 12, 2023
 R
Crenshaw, Dan
Texas · Jan 12, 2023
 D
Cuellar, Henry
Texas · Jan 12, 2023
 R
Sessions, Pete
Texas · Jan 12, 2023
 R
Arrington, Jodey C.
Texas · Jan 9, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 32: Keeping Texas School Construction Costs Down Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-32/
MLA
"H.R. 32: Keeping Texas School Construction Costs Down Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-32/.
Bluebook (legal)
H.R. 32, 118th Cong. (2026), https://openamerica.io/bill/118-HR-32/.
Markdown link
[H.R. 32: Keeping Texas School Construction Costs Down Act of 2023](https://openamerica.io/bill/118-HR-32/)
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