H.R. 8864

LIFT Act

Sponsor: Terri A. Sewell · 0 cosponsors

Where it stands

Referred to the House Committee on Ways and Means. (May 15)

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Sec. 1. Short title

This Act may be cited as the Local Infrastructure Financing Tools Act, or the LIFT Act.

Sec. 2. Credit to issuer for certain infrastructure bonds

Sec. 3. Advance refunding bonds

Sec. 4. Permanent modification of small issuer exception to tax-exempt interest expense allocation rules for financial institutions