HR 789 · 113th Congress · Taxation

Build America Bonds Act of 2013

Introduced 2013-02-15· Sponsored by Rep. Neal, Richard E. [D-MA-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2013-02-15)

Plain Language Summary

[AI summary unavailable — showing source text] Build America Bonds Act of 2013 - Amends the Internal Revenue Code to: (1) make permanent the issuance authority for Build America Bonds and the authority for payments to issuers of such bonds, (2) make phased reductions in the credit percentage to bondholders and the percentage of payments to issuers of such bonds, (3) allow refundings of currently issued bonds, and (4) allow the use of Build America bonds to fund capital expenditures for levees and flood control projects. Provides for an increase in payments to issuers of Build America bonds to compensate for reductions in the amount of such payments due to sequestration.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (18)

18 Democrats
Rep. Levin, Sander M. [D-MI-9]MI
Rep. Rangel, Charles B. [D-NY-13]NY
Rep. McDermott, Jim [D-WA-7]WA
Rep. Lewis, John [D-GA-5]GA
Rep. Becerra, Xavier [D-CA-34]CA
Rep. Thompson, Mike [D-CA-5]CA
Rep. Larson, John B. [D-CT-1]CT
Rep. Blumenauer, Earl [D-OR-3]OR
Rep. Kind, Ron [D-WI-3]WI
Rep. Pascrell, Bill, Jr. [D-NJ-9]NJ
Rep. Crowley, Joseph [D-NY-14]NY
Rep. Schwartz, Allyson Y. [D-PA-13]PA
Rep. Davis, Danny K. [D-IL-7]IL
Rep. Sánchez, Linda T. [D-CA-38]CA
Rep. Michaud, Michael H. [D-ME-2]ME
Rep. Lee, Barbara [D-CA-13]CA
Rep. Kildee, Daniel T. [D-MI-5]MI
Rep. Conyers, John, Jr. [D-MI-13]MI