S.1250: TRIP Bonds Act

About This Bill

Bill Sponsor

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Summary

Transportation and Regional Infrastructure Project Bonds Act of 2013 or TRIP Bonds Act - Amends the Internal Revenue Code to allow an income tax credit for any TRIP bond issued by or for the benefit of 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...

(Source: Library of Congress)

Bill Actions

Date Description
June 27, 2013
Read twice and referred to the Committee on Finance.
June 27, 2013

Introduced in the Senate by Ron Wyden (D-Ore.)

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