H.R. 736 (112th): BABE RUTH Act of 2011

Feb 16, 2011 (112th Congress, 2011–2013)
Died (Referred to Committee)
Laura Richardson
Representative for California's 37th congressional district
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Last Updated
Feb 16, 2011
5 pages
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Last Action: Nov 17, 2011


This bill was introduced on February 16, 2011, in a previous session of Congress, but was not enacted.

Introduced Feb 16, 2011
Referred to Committee Feb 16, 2011
Full Title

To amend the Internal Revenue Code of 1986 to extend the Build America Bond program, and for other purposes.


No summaries available.

2 cosponsors (2D) (show)

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Primary Source

THOMAS.gov (The Library of Congress)

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H.R. stands for House of Representatives bill.

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The bill’s title was written by its sponsor.

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.

Build America Bonds Extension for Rural and Urban Transportation and Highways Act of 2011 or the BABE RUTH Act of 2011 - Amends the Internal Revenue Code, with respect to the Build America Bond program, to:
(1) extend until December 31, 2014, 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 in 2011, 2012, 2013, and 2014;
(3) allow refundings of currently issued bonds; and
(4) allow the use of Build America bonds to fund capital expenditures for levees and flood control projects.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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