S. 1453
118th Congress
Senate
LOCAL Infrastructure Act
Official title: A bill to amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 4, 2023
Read twice and referred to the Committee on Finance.
May 4, 2023
Introduced in Senate
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Latest action
Read twice and referred to the Committee on Finance.
Plain-English summary
Lifting Our Communities through Advance Liquidity for Infrastructure Act or the LOCAL Infrastructure Act
This bill reinstates tax provisions relating to advance refunding bonds. An advance refunding bond is a tax-exempt bond issued by a state or municipality to refinance or consolidate existing bond obligations.
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Lobbying activity
5
Cite this page
U.S. Congress. (2026). S. 1453: LOCAL Infrastructure Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-1453/
"S. 1453: LOCAL Infrastructure Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-1453/.
S. 1453, 118th Cong. (2026), https://openamerica.io/bill/118-S-1453/.
[S. 1453: LOCAL Infrastructure Act](https://openamerica.io/bill/118-S-1453/)