H.R. 747 (112th): Build America Bonds Extension Act of 2011

Introduced:
Feb 16, 2011 (112th Congress, 2011–2013)
Sponsor:
Rep. Adam Schiff [D-CA29]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


2/16/2011--Introduced.
Build America Bonds Extension Act of 2011 - Amends the Internal Revenue Code, with respect to the Build America Bond program, to: (1) extend until December 31, 2012, the authority to issue such bonds and the authority for payments to issuers of such bonds, (2) reduce the percentage rate of payments to issuers, (3) incorporate in the definition of "Build American bond" certain tax-exempt private activity bonds, and (4) allow refundings of currently issued Build America bonds.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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