H.R.3736: TRIP Bonds Act

About This Bill

Bill Summary

Transportation and Regional Infrastructure Project Bonds Act of 2011 or TRIP Bonds Act - Amends the Internal Revenue Code to allow an income tax credit for any TRIP bond issued by a state infrastructure bank as part of an issue, if 100% of the available project proceeds from such issue are to be used for expenditures incurred for one or more qualified projects. Requires proceeds from the sale of bonds issued under this Act to be held in a TRIP...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Human Resources.
Dec. 19, 2011

Introduced in the House by Edward Whitfield (R-Ky.)

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