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United States · Bill · HR

H.R. 2634 (117th)

LIFT Act

referredUnited States· United States Congress· EN

Introduced

16 April 2021

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Local Infrastructure Financing Tools Act or the LIFT Act This bill allows the issuer of an American Infrastructure Bond a credit with respect to each interest payment under such bond. The bill restores advance refundings of bonds to allow states and localities to refinance existing debt. The bill increases to $30 million the limitation on bank-qualified debt for small municipal and nonprofit issuers.

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Documents

3 official files

Introduced in House (text)

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Sources

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