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LOCAL Infrastructure Act

5/3/2025, 3:23 AM

Summary of Bill S 1481

The bill "A bill to amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds" was introduced in the 119th Congress on April 10, 2025. It aims to reinstate advance refunding bonds and likely includes provisions related to tax regulations and financial mechanisms concerning these bonds. The bill's text may detail specific changes to the Internal Revenue Code of 1986 regarding advance refunding bond provisions. For the full details, refer to the official PDF version of the bill provided in the associated link.

Current Status of Bill S 1481

Bill S 1481 is currently in the status of Bill Introduced since April 10, 2025. Bill S 1481 was introduced during Congress 119 and was introduced to the Senate on April 10, 2025.  Bill S 1481's most recent activity was Read twice and referred to the Committee on Finance. as of April 10, 2025

Bipartisan Support of Bill S 1481

Total Number of Sponsors
3
Democrat Sponsors
0
Republican Sponsors
3
Unaffiliated Sponsors
0
Total Number of Cosponsors
15
Democrat Cosponsors
6
Republican Cosponsors
9
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1481

Primary Policy Focus

Alternate Title(s) of Bill S 1481

A bill to amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds.
A bill to amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds.

Comments

Gwendolyn Woods profile image

Gwendolyn Woods

640

9 months ago

I think this bill is good for our community, but how will it impact me in the short term?

Yahir Upchurch profile image

Yahir Upchurch

532

9 months ago

I dunno much about this bill, but it seems like it could help out a lot of folks in our community. #LocalInfrastructureAct #ImprovingOurNeighborhoods #SupportingOurCommunity