H.R.5330: BUILD Act

About This Bill

  • Introduced July 31, 2014
  • Latest Major Action July 31, 2014

Bill Summary

Bringing Urgent Investment to Local Development Act or the BUILD Act - Amends the Internal Revenue Code, with respect to the tax credit for investment in Build America bonds, to: (1) make permanent the authority for issuance of such bonds, (2) phase in an annual reduction in the credit rate for bondholders and issuers between 2014 and 2019, and (3) allow an issuer a refundable credit amount for investment in economic development bonds in...

(Source: Library of Congress)

Bill Actions

Date Description
July 31, 2014
Referred to the House Committee on Ways and Means.
July 31, 2014

Introduced in the House by John Conyers Jr. (D-Mich.)

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