H.R.2348: American Infrastructure Opportunity Bonds Act

About This Bill

  • Introduced May 3, 2017
  • Latest Major Action May 3, 2017

Bill Version

Bill Summary

American Infrastructure Opportunity Bonds Act This bill directs the Department of the Treasury, when the real rate (the interest rate on outstanding marketable U.S. obligations with remaining maturity periods of approximately one year minus the inflation rate) equals zero percent or less, to: issue government bonds (American Infrastructure Opportunity Bonds) with a face value of $20 billion; and deposit amounts equivalent to the proceeds...

(Source: Library of Congress)

Bill Actions

Date Description
May 3, 2017
Referred to the House Committee on Ways and Means.
May 3, 2017

Introduced in the House by Norma Torres (D-Calif.)

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