Summary: S.4203 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.4203. Bill summaries are authored by CRS.

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Introduced in Senate (07/02/2020)

American Infrastructure Bonds Act of 2020

This bill allows the issuer of an American infrastructure bond a credit with respect to each interest payment under such bond. Specifically, a credit of 35% of such interest is payable for bonds issued before January 1, 2026, and 28% for bonds issued after December 31, 2025.