LOCAL Infrastructure Act

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.

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Timeline

1. 1 July 2020

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 1 July 2020

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 1 July 2020 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 1 July 2020

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 1 July 2020

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 1 July 2020

  Open at official source

Sponsors

• Roger Wicker · R · Sponsor
• Sen. Stabenow, Debbie [D-MI] · D · Sponsor
• Michael Bennet · D · Sponsor
• Shelley Capito · R · Sponsor
• John Barrasso · R · Sponsor
• Sen. Menendez, Robert [D-NJ] · D · Sponsor
• Jerry Moran · R · Sponsor
• Rep. Carper, Thomas R. [D-DE-At Large] · D · Sponsor
• Sen. Perdue, David [R-GA] · R · Cosponsor
• Tammy Baldwin · D · Cosponsor
• John Boozman · R · Cosponsor
• Lisa Murkowski · R · Cosponsor
• Jeanne Shaheen · D · Cosponsor
• Rep. Inhofe, James M. [R-OK-1] · R · Cosponsor
• Sen. Feinstein, Dianne [D-CA] · D · Cosponsor
• Chris Van Hollen · D · Cosponsor
• Deb Fischer · R · Cosponsor
• Jacky Rosen · D · Cosponsor
• · ssfi00 · Standing

Related records

• related to → LOCAL Infrastructure Act