Summary: S.4754 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.4754. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (09/29/2020)

This bill establishes a program of COVID Recovery Bonds which are treated as exempt facility bonds for tax purposes. It also provides for tax-exempt financing of qualified government buildings. The bill defines qualified government buildings to include (1) an elementary or secondary school, (2) a facility of a state college or university used for educational purposes, (3) a library open to the general public, (4) a court of law, (5) a hospital or health care facility, (6) a laboratory or research facility, and (7) a public safety facility.