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- S.1296
S.1296: Build USA Act
About This Bill
- Introduced May 12, 2015
- Latest Major Action May 12, 2015
Bill Sponsor
Bill Summary
Build USA Act This bill establishes the American Infrastructure Bank as a wholly owned government corporation. The Bank's Board of Directors has authority, among other operations, to issue public benefit bonds and provide financing to core infrastructure projects from bond proceeds. State governments may enter into minimum three-year remittance agreements with the Bank under which: a state agrees to remit to the Bank at least 60% of the...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
May 12, 2015 |
Read twice and referred to the Committee on Finance.
|
May 12, 2015 |
Introduced in the Senate by Deb Fischer (R-Neb.) |