H.R. 6206 · 112th Congress
Build America Bonds Act of 2012
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
NealSponsor14 cosponsors · 14 D
D
Becerra
EB
D
Blumenauer
SB
D
Berkley
JC
D
Crowley
LD
D
Doggett
RK
D
Kind
SL
D
Levin
JL
D
Lewis
JL
D
Larson
JM
D
McDermott
BP
D
Pascrell
CR
D
Rangel
PS
D
Stark
MT
D
Thompson14 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Build America Bonds Act of 2012 - Amends the Internal Revenue Code to: (1) make permanent the issuance authority for Build America Bonds and the authority for payments to issuers of such bonds; (2) make phased reductions in the credit percentage to bondholders and the percentage of payments to issuers of such bonds; (3) allow refundings of currently issued…
What it does: CRS summary · Introduced in House · Jul 26, 2012
Build America Bonds Act of 2012 - Amends the Internal Revenue Code to: (1) make permanent the issuance authority for Build America Bonds and the authority for payments to issuers of such bonds; (2) make phased reductions in the credit percentage to bondholders and the percentage of payments to issuers of such bonds; (3) allow refundings of currently issued bonds; (4) allow the use of Build America bonds to fund capital expenditures for levees and flood control projects; and (5) deny a tax deduction to major integrated oil companies for income attributable to the production, refining, processing, transportation, or distribution of oil, gas, or any primary product thereof.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Build America Bonds Act of 2012
Latest action (Jul 26, 2012): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jul 26, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.