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

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Move America Act of 2015

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Internal Revenue Code of 1986 to provide for Move America bonds and to allow such bonds to be converted into tax credits to support public-private partnerships.


Actions Overview (1)

Date
05/04/2015 Introduced in Senate

All Actions (1)

Date
05/04/2015 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2601)
Action By: Senate

Cosponsors (1)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Hoeven, John [R-ND]* 05/04/2015

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
Senate Finance05/04/2015 Referred to

No related bill information was received for S.1186.


Subjects (13)

  • Aviation and airports
  • Floods and storm protection
  • Income tax credits
  • Income tax exclusion
  • Infrastructure development
  • Marine and inland water transportation
  • Navigation, waterways, harbors
  • Public transit
  • Railroads
  • Roads and highways
  • Securities
  • Transportation programs funding

Latest Summary (1)

There is one summary for S.1186. View summaries

Shown Here:
Introduced in Senate (05/04/2015)

Move America Act of 2015

This bill amends the Internal Revenue Code to allow the issuance of Move America Bonds as tax-exempt private facility bonds and describes a Move America Bond as a bond issued as part of an issuance that requires 95% or more of its net proceeds to be used for infrastructure projects, including: (1) airports; (2) docks and wharves; (3) mass commuting facilities; (4) railroads; (5) any surface transportation project eligible for federal assistance, a project for an international bridge or tunnel, or a facility for the transfer of freight from truck to rail or rail to truck; (6) flood diversions; or (7) inland waterways.

The bill also allows a tax credit for 10% of the value of a Move America credit certificate that is issued to a taxpayer by a state or project sponsor for infrastructure investment.