S 1453 · 118th Congress · Taxation

LOCAL Infrastructure Act

Introduced 2023-05-04· Sponsored by Sen. Wicker, Roger F. [R-MS]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2023-05-04)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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

Cosponsors (19)

13 Democrats5 Republicans1 Independent
Sen. Stabenow, Debbie [D-MI]MI
Sen. Braun, Mike [R-IN]IN
Sen. Britt, Katie Boyd [R-AL]AL
Sen. Barrasso, John [R-WY]WY
Sen. Boozman, John [R-AR]AR
Sen. Lummis, Cynthia M. [R-WY]WY
Sen. Shaheen, Jeanne [D-NH]NH
Sen. Feinstein, Dianne [D-CA]CA
Sen. Van Hollen, Chris [D-MD]MD
Sen. Sinema, Kyrsten [I-AZ]AZ
Sen. Klobuchar, Amy [D-MN]MN
Sen. Blumenthal, Richard [D-CT]CT
Sen. Hassan, Margaret Wood [D-NH]NH
Sen. Baldwin, Tammy [D-WI]WI
Sen. Menendez, Robert [D-NJ]NJ
Sen. Bennet, Michael F. [D-CO]CO
Sen. Padilla, Alex [D-CA]CA
Sen. Welch, Peter [D-VT]VT
Sen. Warnock, Raphael G. [D-GA]GA