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- H.R.2634
H.R.2634: LIFT Act
About This Bill
- Introduced April 16, 2021
- Latest Major Action April 16, 2021
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - April 16, 2021
Bill Summary
Local Infrastructure Financing Tools Act or the LIFT Act This bill allows the issuer of an American Infrastructure Bond a credit with respect to each interest payment under such bond. The bill restores advance refundings of bonds to allow states and localities to refinance existing debt. The bill increases to $30 million the limitation on bank-qualified debt for small municipal and nonprofit issuers.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 16, 2021 |
Referred to the House Committee on Ways and Means.
|
| April 16, 2021 |
Introduced in the House by Terri Sewell (D-Ala.) |