HR 32 · 118th Congress · Taxation

Keeping Texas School Construction Costs Down Act of 2023

Introduced 2023-01-09· Sponsored by Rep. Doggett, Lloyd [D-TX-37]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2023-01-09)

Plain Language Summary

[AI summary unavailable — showing source text] Keeping Texas School Construction Costs Down Act of 2023 This bill creates a safe harbor for certain perpetual trust funds. It excludes from the definition of investment property under arbitrage provisions any fund created and controlled by a state and established pursuant to its constitution or state law if on a specified date, substantially all of the assets of the fund consist of nonfinancial assets and the assets are used only to support specifically designated essential governmental functions.…

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

Cosponsors (20)

10 Democrats10 Republicans
Rep. Arrington, Jodey C. [R-TX-19]TX
Rep. Allred, Colin Z. [D-TX-32]TX
Rep. Sessions, Pete [R-TX-17]TX
Rep. Cuellar, Henry [D-TX-28]TX
Rep. Crenshaw, Dan [R-TX-2]TX
Rep. Veasey, Marc A. [D-TX-33]TX
Rep. Moran, Nathaniel [R-TX-1]TX
Rep. Fletcher, Lizzie [D-TX-7]TX
Rep. Ellzey, Jake [R-TX-6]TX
Rep. Gonzalez, Vicente [D-TX-34]TX
Rep. Weber, Randy K., Sr. [R-TX-14]TX
Rep. Castro, Joaquin [D-TX-20]TX
Rep. Gooden, Lance [R-TX-5]TX
Rep. Escobar, Veronica [D-TX-16]TX
Rep. McCaul, Michael T. [R-TX-10]TX
Rep. Garcia, Sylvia R. [D-TX-29]TX
Rep. Granger, Kay [R-TX-12]TX
Rep. Green, Al [D-TX-9]TX
Rep. Williams, Roger [R-TX-25]TX
Rep. Casar, Greg [D-TX-35]TX