Partnership to Build America Act of 2017

Summary

Partnership to Build America Act of 2017 This bill establishes the American Infrastructure Fund (AIF) as a wholly-owned government corporation to provide bond guarantees and make loans to state and local governments, non-profit infrastructure providers, private parties, and public-private partnerships for state or local government sponsored transportation, energy, water, communications, or educational facility infrastructure projects (Qualified Infrastructure Projects [QIPs]). The AIF may also to make equity investments in QIPs. The Department of the Treasury, acting through the AIF, shall issue American Infrastructure Bonds with an aggregate face value of $50 billion. The proceeds from the sale of the bonds shall be deposited into the AIF. The bill amends the Internal Revenue Code to allow U.S. corporations to exclude from gross income qualified cash dividend amounts received during a taxable year from a foreign-controlled corporation equal to the face value of qualified infrastructure bonds the corporation has purchased. The bill prohibits allowance of: a foreign tax credit for the excluded portion of any dividend received by a U.S. corporation, and a deduction for expenses directly allocable to that excludable portion.

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Timeline

1. 22 March 2017

   Introduced

   Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 22 March 2017

   Introduced

   Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

3. 22 March 2017

   Introduced

   Introduced in House

   Source: IntroReferral

4. 22 March 2017

   Introduced

   Introduced in House

   Source: IntroReferral

5. 23 March 2017

   Referred

   Referred to the Subcommittee on Aviation.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 22 March 2017 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 22 March 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 22 March 2017

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 22 March 2017

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Delaney, John K. [D-MD-6] · D · Sponsor
• Rep. Davis, Rodney [R-IL-13] · R · Sponsor
• Rep. Aguilar, Pete [D-CA-33] · D · Sponsor
• Rep. Barr, Andy [R-KY-6] · R · Sponsor
• Rep. Bera, Ami [D-CA-6] · D · Sponsor
• Rep. Bustos, Cheri [D-IL-17] · D · Sponsor
• Rep. Gabbard, Tulsi [D-HI-2] · D · Sponsor
• Rep. Gottheimer, Josh [D-NJ-5] · D · Sponsor
• Rep. Hanabusa, Colleen [D-HI-1] · D · Sponsor
• Rep. Heck, Denny [D-WA-10] · D · Sponsor
• Rep. Kelly, Robin L. [D-IL-2] · D · Sponsor
• Rep. Kuster, Ann M. [D-NH-2] · D · Sponsor
• Rep. Loebsack, David [D-IA-2] · D · Sponsor
• Rep. Maloney, Sean Patrick [D-NY-18] · D · Sponsor
• Rep. McKinley, David B. [R-WV-1] · R · Sponsor
• Rep. Moulton, Seth [D-MA-6] · D · Sponsor
• Rep. Norcross, Donald [D-NJ-1] · D · Sponsor
• Rep. Peters, Scott H. [D-CA-50] · D · Sponsor
• Rep. Polis, Jared [D-CO-2] · D · Sponsor
• Rep. Ruppersberger, C. A. Dutch [D-MD-2] · D · Sponsor
• Rep. Schneider, Bradley Scott [D-IL-10] · D · Sponsor
• Sen. Sinema, Kyrsten [I-AZ] · D · Sponsor
• Rep. Soto, Darren [D-FL-9] · D · Sponsor
• Rep. Torres, Norma J. [D-CA-35] · D · Sponsor
• Rep. Coffman, Mike [R-CO-6] · R · Cosponsor
• Rep. Cole, Tom [R-OK-4] · R · Cosponsor
• Rep. Beatty, Joyce [D-OH-3] · D · Cosponsor
• Rep. Kilmer, Derek [D-WA-6] · D · Cosponsor
• · hspw00 · Standing
• · hswm00 · Standing

Related records

• related to ← Partnership to Build America Act of 2015