H.R. 32 · 118th Congress
Keeping Texas School Construction Costs Down Act of 2023
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
DoggettSponsor27 cosponsors · 12 D, 15 R
R
Arrington
CA
D
Allred
HC
D
Cuellar
DC
R
Crenshaw
PS
R
Sessions
NM
R
Moran
MV
D
Veasey
JE
R
Ellzey
LF
D
Fletcher
VG
D
Gonzalez
RW
R
Weber
JC
D
Castro
VE
D
Escobar
LG
R
Gooden
MM
R
McCaul
KG
R
Granger
SG
D
Garcia
AG
D
Green
RW
R
Williams
BB
R
Babin
JC
D
Crockett
GC
D
Casar
SJ
D
Jackson Lee
AP
R
Pfluger
BV
R
Van Duyne
TG
R
Gonzales
RJ
R
Jackson1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill creates a safe harbor for certain perpetual trust funds. It excludes from the definition of investment property under arbitrage provisions any fund created and controlled by a state and established pursuant to its constitution or state law if on a specified date, substantially all of the assets of the fund consist of nonfinancial assets and the…
What it does: CRS summary · Introduced in House · Jan 9, 2023
Keeping Texas School Construction Costs Down Act of 2023
This bill creates a safe harbor for certain perpetual trust funds. It excludes from the definition of investment property under arbitrage provisions any fund created and controlled by a state and established pursuant to its constitution or state law if on a specified date, substantially all of the assets of the fund consist of nonfinancial assets and the assets are used only to support specifically designated essential governmental functions.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Keeping Texas School Construction Costs Down Act of 2023
Latest action (Jan 9, 2023): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jan 9, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.