S. 4203 · 116th Congress
American Infrastructure Bonds Act of 2020
- Stage
- In committee
- Sponsor
- Roger Wicker
- Introduced
- 2020-07-02
- Latest action
- 2020-07-02 · Introduced in Senate
Summary
American Infrastructure Bonds Act of 2020
This bill allows the issuer of an American infrastructure bond a credit with respect to each interest payment under such bond. Specifically, a credit of 35% of such interest is payable for bonds issued before January 1, 2026, and 28% for bonds issued after December 31, 2025.