S 1453 United States Senate · 118th Congress

LOCAL Infrastructure Act

Summary

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.

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

May 2023

Committee Review

Floor Vote

President

Introduced May 4, 2023 Last action May 4, 2023

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 4, 2023

Committee

Read twice and referred to the Committee on Finance.

upper

May 4, 2023

Introduced

Introduced in Senate

upper

1 primary · 19 co-sponsors