To amend the Internal Revenue Code of 1986 to provide for the tax-exempt financing of certain government-owned buildings.

Summary

This bill amends the Internal Revenue Code to permit the tax-exempt financing of certain government-owned buildings by expanding the definition of "exempt facility bond" to include bonds used for qualified government buildings. A qualified government building is a government-owned building or facility that consists of one or more of the following: an elementary or secondary school; facilities of a state college or university used for educational purposes; a public library; a court; hospital, health care, laboratory, or research facilities; public safety facilities; or offices for government employees. The bill excludes buildings or facilities that include specified recreational equipment or are used for the primary purpose of providing retail food and beverage services, recreation, or entertainment. The bill establishes: (1) a $5 billion limit on the amount of tax-exempt financing which may be provided for government buildings, and (2) procedures for allocating and applying for the financing. The bill exempts the bonds for government buildings from the volume cap on private activity bonds.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 7 February 2017

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 7 February 2017

   Introduced

   Introduced in House

   Source: IntroReferral

3. 7 February 2017

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 7 February 2017 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 7 February 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 7 February 2017

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 7 February 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. Kelly, Mike [R-PA-16] · R · Sponsor
• Rep. Blumenauer, Earl [D-OR-3] · D · Sponsor
• Rep. Zeldin, Lee M. [R-NY-1] · R · Sponsor
• Carlos Curbelo · R · Sponsor
• Rep. Hurd, Will [R-TX-23] · R · Sponsor
• Rep. Jenkins, Lynn [R-KS-2] · R · Sponsor
• Rep. Perry, Scott [R-PA-10] · R · Sponsor
• James Renacci · R · Sponsor
• Rep. Kind, Ron [D-WI-3] · D · Sponsor
• Rep. Thompson, Mike [D-CA-4] · D · Cosponsor
• Rep. Marchant, Kenny [R-TX-24] · R · Cosponsor
• Rep. Perlmutter, Ed [D-CO-7] · D · Cosponsor
• Sen. Rosen, Jacky [D-NV] · D · Cosponsor
• Rep. Suozzi, Thomas R. [D-NY-3] · D · Cosponsor
• Rep. Barletta, Lou [R-PA-11] · R · Cosponsor
• Rep. Hudson, Richard [R-NC-8] · R · Cosponsor
• Sen. Blunt Rochester, Lisa [D-DE] · D · Cosponsor
• Rep. Paulsen, Erik [R-MN-3] · R · Cosponsor
• Rep. Smucker, Lloyd [R-PA-11] · R · Cosponsor
• Rep. Meehan, Patrick [R-PA-7] · R · Cosponsor
• Rep. Walz, Timothy J. [D-MN-1] · D · Cosponsor
• Rep. Raskin, Jamie [D-MD-8] · D · Cosponsor
• Rep. Larson, John B. [D-CT-1] · D · Cosponsor
• Rep. Sarbanes, John P. [D-MD-3] · D · Cosponsor
• Rep. Walorski, Jackie [R-IN-2] · R · Cosponsor
• Rep. Tiberi, Patrick J. [R-OH-12] · R · Cosponsor
• Rep. Brooks, Susan W. [R-IN-5] · R · Cosponsor
• Rep. Rooney, Thomas J. [R-FL-17] · R · Cosponsor
• Rep. Smith, Christopher H. [R-NJ-4] · R · Cosponsor
• · hswm00 · Standing

Related records

• related to ← Public Buildings Renewal Act of 2017
• related to ← To amend the Internal Revenue Code of 1986 to provide for the tax-exempt financing of certain government-owned buildings.