S.479: LOCAL Infrastructure Act

About This Bill

Bill Version

Bill Summary

Lifting Our Communities through Advance Liquidity for Infrastructure Act or the LOCAL Infrastructure Act This bill reinstates tax provisions relating to advance refunding bonds. An advance refunding bond is a tax-exempt bond issued by a state or municipality to refinance or consolidate existing bond obligations.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.479.

Bill Actions

Date Description
Feb. 25, 2021
Read twice and referred to the Committee on Finance.
Feb. 25, 2021

Introduced in the Senate by Roger Wicker (R-Miss.)

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