Build America Bonds Act of 2012

Summary

Build America Bonds Act of 2012 - Amends the Internal Revenue Code to: (1) make permanent the issuance authority for Build America Bonds and the authority for payments to issuers of such bonds; (2) make phased reductions in the credit percentage to bondholders and the percentage of payments to issuers of such bonds; (3) allow refundings of currently issued bonds; (4) allow the use of Build America bonds to fund capital expenditures for levees and flood control projects; and (5) deny a tax deduction to major integrated oil companies for income attributable to the production, refining, processing, transportation, or distribution of oil, gas, or any primary product thereof.

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Timeline

1. 26 July 2012

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 26 July 2012

   Introduced

   Introduced in House

   Source: IntroReferral

3. 26 July 2012

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 26 July 2012 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 26 July 2012

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 26 July 2012

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 26 July 2012

  Open at official source

Sponsors

• Richard Neal · D · Sponsor
• Rep. Rangel, Charles B. [D-NY-19] · D · Sponsor
• JOSEPH CROWLEY · D · Sponsor
• SANDER LEVIN · D · Sponsor
• Rep. Stark, Fortney Pete [D-CA-9] · D · Sponsor
• Rep. McDermott, Jim [D-WA-7] · D · Sponsor
• JOHN LEWIS · D · Sponsor
• XAVIER BECERRA · D · Sponsor
• Rep. Doggett, Lloyd [D-TX-37] · D · Sponsor
• Rep. Thompson, Mike [D-CA-4] · D · Sponsor
• John Larson · D · Sponsor
• Earl Blumenauer · D · Sponsor
• RON KIND · D · Sponsor
• Bill Pascrell · D · Sponsor
• Rep. Berkley, Shelley [D-NV-1] · D · Sponsor
• · hswm00 · Standing

Related records

• related to → Build America Bonds to Create Jobs Now Act of 2011
• related to → BABE RUTH Act of 2011
• related to → Build America Bonds Extension Act of 2011