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H.R.2084: Partnership to Build America Act of 2013

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about transportation and public works
You can read the bill
Sponsor John Delaney, D-Md.
Total Cosponsors 75 (36 Democrats, 39 Republicans)
Introduced May 22, 2013
Latest Major Action Sept. 4, 2013
See it on GovTrack
See it on C-SPAN

Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

Partnership to Build America Act of 2013 - Establishes the American Infrastructure Fund (AIF) as a wholly-owned government corporation to provide bond guarantees and make loans to state and local governments and non-profit infrastructure providers for transportation, energy, water, communications, or educational facility infrastructure projects (Qualified Infrastructure Projects [QIPs]). Requires AIF also to make equity investments in QIPs such entities sponsor.

Directs the Secretary of the Treasury, acting through the AIF, to issue American Infrastructure Bonds with an aggregate face value of $50 billion. Requires proceeds from the sale of the bonds to be deposited into the AIF.

Amends the Internal Revenue Code to allow U.S. corporations to exclude from gross income qualified cash dividend amounts received during a taxable year from a foreign-controlled corporation equal to the face value of qualified infrastructure bonds the corporation has purchased.

Prohi...

(Source: Congressional Research Service)

Bill Actions

Date Description
Sept. 4, 2013 Referred to the Subcommittee on Water Resources and Environment.
Sept. 4, 2013 Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Sept. 4, 2013 Referred to the Subcommittee on Highways and Transit.
May 22, 2013 Referred to the Subcommittee on Aviation.
May 22, 2013 Referred to House Ways and Means
May 22, 2013 Referred to House Transportation and Infrastructure