S. 4203 · 116th Congress

American Infrastructure Bonds Act of 2020

Stage
In committee
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.