Bill116th CongressFiled Jul 1, 2020Taxation
S. 4129
LOCAL Infrastructure Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 1, 2020)
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.
What just happenedJul 1, 2020
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Wicker, Roger F. [R-MS](R-MS)Sponsor
17 cosponsors9 D8 R
17cosponsors1committees2actions3subjects
- Introduced in SenateJul 1, 2020
- Jul 1, 2020IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jul 1, 2020IntroReferral10000
Introduced in Senate