S 1453
118th Congress
Senate
Taxation
LOCAL Infrastructure Act
Introduced: May 4, 2023
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
May 4, 2023
Read twice and referred to the Committee on Finance.
May 4, 2023
Introduced in Senate
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.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1