118th Congress · SENATE BILLBILL

S. 1695 — American Infrastructure Bonds Act of 2023

“A bill to amend the Internal Revenue Code of 1986 to provide a credit to issuers of American infrastructure bonds.”

Taxation

Introduced May 18, 2023

Last action May 18, 2023

Pipeline · Bill → Law

Step 1

Introduced

May 18, 2023

Step 2

Referred

May 18, 2023

Finance

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill allows the issuer of an American infrastructure bond a tax credit for 28% of the interest payable under such bond.

Provisions · 2 sectionsIntroduced in Senate

Timeline · 2 actions

May 18, 2023

Introduced in Senate

May 18, 2023

Read twice and referred to the Committee on Finance.