Proposal:American Infrastructure Bonds Act of 2020

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.

Bill	S 4203
Type of Legislation	Senate Bill
Congress	116
Status	Archived — 116th Congress concluded
Source	View original on Congress.gov

Geographic Scope

National

Description

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.

Bill Title

American Infrastructure Bonds Act of 2020

Linked Goals

• Goal:Promote General Welfare

Steps

• 2020-07-02: Read twice and referred to the Committee on Finance.
• 2020-07-02: Introduced in Senate

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.