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American Infrastructure Bonds Act of 2025

In committee: it can still change before the session ends.

US S 1480 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsors
8
Latest action
Apr 10, 2025

What it does

The American Infrastructure Bonds Act of 2025 would amend the Internal Revenue Code to allow issuers of certain infrastructure bonds a federal tax credit equal to 28 percent of each interest payment made on those bonds. The credit applies to obligations that would otherwise be tax-exempt under section 103 (like municipal bonds), are not private activity bonds, and for which the issuer makes an irrevocable election to participate. Interest on these bonds would be includible in federal gross income, but the bill includes provisions to coordinate with state tax laws and adjust payments if federal sequestration occurs. The amendments would apply to bonds issued after the date of enactment.

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Apr 10, 2025

  2. Committee (Current step)

    In committee · Apr 10, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

American Infrastructure Bonds Act of 2025 | 52