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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

American Infrastructure Investment Act of 2010

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to encourage investments in infrastructure, and for other purposes.

Actions Overview (1)

09/22/2010Introduced in House

All Actions (3)

09/22/2010Referred to the House Committee on Ways and Means.
Action By: House of Representatives
09/22/2010Sponsor introductory remarks on measure. (CR E1690)
Action By: House of Representatives
09/22/2010Introduced in House
Action By: House of Representatives

Cosponsors (4)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Deutch, Theodore E. [D-FL-19]* 09/22/2010
Rep. Klein, Ron [D-FL-22]* 09/22/2010
Rep. Delahunt, Bill [D-MA-10] 09/29/2010
Rep. Johnson, Eddie Bernice [D-TX-30] 11/15/2010

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Ways and Means09/22/2010 Referred to

No related bill information was received for H.R.6181.

Latest Summary (1)

There is one summary for H.R.6181. View summaries

Shown Here:
Introduced in House (09/22/2010)

American Infrastructure Investment Act of 2010 - Amends the Internal Revenue Code to extend until January 1, 2013, the period for issuing Build America Bonds and for credits allowable to issuers of such bonds. Allows funding through such bonds for capital expenditures for levees and flood control projects.

Exempts private activity bonds for sewage and water supply facilities from the state volume caps applicable to such bonds. Allows Indian tribal governments to issue tax-exempt private activity bonds to provide water or sewage facilities.

Extends through 2011 the exemption from alternative minimum tax (AMT) treatment of interest on certain tax-exempt bonds.

Extends through 2011 the period for issuing recovery zone economic development bonds and recovery zone facility bonds. Requires the Secretary of the Treasury to allocate 2010 national limitations on recovery bonds based upon state unemployment statistics.

Allows a full offset against the AMT for new market tax credit amounts.

Extends through 2011: (1) the tax exemption allowed for interest on bonds guaranteed by a federal home loan bank; and (2) small issuer rules for the allocation of tax-exempt interest expense by financial institutions.