Building United States Infrastructure and Leveraging Development Act or the BUILD Act This bill increases from $15 billion to $30 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds. The bill also applies the prevailing wage requirements of the Davis-Bacon Act to projects funded by bond issues.
Income tax exclusionMotor carriersRailroadsRoads and highwaysSecuritiesState and local financeTransportation programs fundingWages and earnings
BUILD Act
USA117th CongressHR-451| House
| Updated: 1/25/2021
Building United States Infrastructure and Leveraging Development Act or the BUILD Act This bill increases from $15 billion to $30 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds. The bill also applies the prevailing wage requirements of the Davis-Bacon Act to projects funded by bond issues.