Bill117th CongressFiled Feb 25, 2021Taxation
S. 479
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 (Feb 25, 2021)
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 happenedFeb 25, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Wicker, Roger F. [R-MS](R-MS)Sponsor
23 cosponsors13 D10 R
23cosponsors1committees2actions3subjects
- Introduced in SenateFeb 25, 2021
- Feb 25, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Feb 25, 2021IntroReferral10000
Introduced in Senate