HR 5330 · 113th Congress 2013–2015, ended

BUILD Act

Introduced Jul 31, 2014 Originated House Sponsor John Conyers, Jr. D-MI

Fact sheet

Latest action · Jul 31, 2014 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedJul 31, 2014
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Bringing Urgent Investment to Local Development Act or the BUILD Act - Amends the Internal Revenue Code, with respect to the tax credit for investment in Build America bonds, to: (1) make permanent the authority for issuance of such bonds, (2) phase in an annual reduction in the credit rate for bondholders and issuers between 2014 and 2019, and (3) allow an issuer a refundable credit amount for investment in economic development bonds in cities with specified unemployment and poverty rates and population loss.

Cosponsors 8

Members who signed on, in the order they did. Signatures ran from Jul 31, 2014 to Aug 1, 2014, with 7 there on the day it was introduced.

Seat	Cosponsor		Signed on
D-CA	Barbara Lee	Original	Jul 31, 2014
D-NY	Charles B. Rangel	Original	Jul 31, 2014
D-DC	Eleanor Holmes Norton	Original	Jul 31, 2014
D-FL	Frederica S. Wilson	Original	Jul 31, 2014
D-NY	Gregory W. Meeks	Original	Jul 31, 2014
D-OH	Marcy Kaptur	Original	Jul 31, 2014
D-TX	Sheila Jackson Lee	Original	Jul 31, 2014
D-PA	Matt Cartwright		Aug 1, 2014

Actions 2

Everything that happened, newest first.

Jul 31, 2014Introduced in House
Jul 31, 2014Referred to the House Committee on Ways and Means.

Related bills 1

Companion bills and other measures the record links to this one.

Bill	Title	Relationship	Latest action
HR 789	Build America Bonds Act of 2013	Related bill	Feb 15, 2013

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

Jul 31, 2014Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.