LOCAL Infrastructure Act
USA117th CongressS-479| Senate
| Updated: 2/25/2021
Roger F. Wicker
Republican Senator
Mississippi
Cosponsors (23)
Jeanne Shaheen (Democratic)Dianne Feinstein (Democratic)Cindy Hyde-Smith (Republican)Jerry Moran (Republican)Alex Padilla (Democratic)Cynthia M. Lummis (Republican)Amy Klobuchar (Democratic)James M. Inhofe (Republican)John Boozman (Republican)Roy Blunt (Republican)Kyrsten Sinema (Independent)Jacky Rosen (Democratic)Chris Van Hollen (Democratic)Debbie Stabenow (Democratic)Deb Fischer (Republican)John Barrasso (Republican)Michael F. Bennet (Democratic)Sherrod Brown (Democratic)Tammy Baldwin (Democratic)Robert Menendez (Democratic)Richard Blumenthal (Democratic)Lisa Murkowski (Republican)Shelley Moore Capito (Republican)
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Income tax exclusionSecuritiesState and local finance
LOCAL Infrastructure Act
USA117th CongressS-479| Senate
| Updated: 2/25/2021
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Roger F. Wicker
Republican Senator
Mississippi
Cosponsors (23)
Jeanne Shaheen (Democratic)Dianne Feinstein (Democratic)Cindy Hyde-Smith (Republican)Jerry Moran (Republican)Alex Padilla (Democratic)Cynthia M. Lummis (Republican)Amy Klobuchar (Democratic)James M. Inhofe (Republican)John Boozman (Republican)Roy Blunt (Republican)Kyrsten Sinema (Independent)Jacky Rosen (Democratic)Chris Van Hollen (Democratic)Debbie Stabenow (Democratic)Deb Fischer (Republican)John Barrasso (Republican)Michael F. Bennet (Democratic)Sherrod Brown (Democratic)Tammy Baldwin (Democratic)Robert Menendez (Democratic)Richard Blumenthal (Democratic)Lisa Murkowski (Republican)Shelley Moore Capito (Republican)
Finance Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Income tax exclusionSecuritiesState and local finance