A bill to amend the Internal Revenue Code of 1986 to increase the national limitation amount for qualified highway or surface freight transfer facility bonds.
Building United States Infrastructure and Leveraging Development Act or the BUILD Act This bill amends the Internal Revenue Code to increase from $15 billion to $20.8 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S301-302)
Introduced in Senate
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S301-302)
Taxation
Income tax exclusionMotor carriersRailroadsRoads and highwaysSecuritiesState and local financeTransportation programs funding
A bill to amend the Internal Revenue Code of 1986 to increase the national limitation amount for qualified highway or surface freight transfer facility bonds.
USA115th CongressS-2320| Senate
| Updated: 1/18/2018
Building United States Infrastructure and Leveraging Development Act or the BUILD Act This bill amends the Internal Revenue Code to increase from $15 billion to $20.8 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.