Muni Focused Bills Introduced in the 116th Congress

Notice: NABL does not take a stance on the pending legislation below. Rather, NABL provides the list to educate the membership of muni focused legislation that Congress is currently discussing. We will keep this list updated to the best of our ability. 

116th CONGRESS - MUNI LEGISLATION TRACKER

H.R. 1251 Public Buildings Renewal Act of 2019

  • Introduced: 2/14/2019
  • Sponsor: Rep. Earl Blumenauer (D-OR-3)
  • Purpose: Amend the Internal Revenue Code to provide for the tax-exempt financing of certain government-owned buildings by expanding the definition of "exempt facility bond"
  • Companion Bill: S. 932, introduced by Sen. Todd Young (R-IN) on 3/28/2019

H.R. 865Rebuild America’s Schools Act of 2019 

  • Introduced: 1/30/2019
  • Sponsor: Rep. Bobby Scott (D-VA-3)
  • Purpose: Authorize more than $100 billion in grants and bonds to update the country’s schools
  • Companion Senate bill: S. 266, introduced by Sen. Jack Reed (D-RI) on 1/29/2019

H.R. 1508 Move America Act of 2019

  • Introduced: 3/5/2019
  • Sponsor: Rep. Earl Blumenauer (D-OR-3)
  • Purpose: Amend the Internal Revenue Code to create Move America bonds and Move America credits to help fund the nation’s infrastructure
  • Companion Senate bill: S. 146, introduced by Sen John Hoeven (R-ND) on 1/16/2019

S. 212 Indian Community Economic Enhancement Act of 2019

  • Introduced: 1/24/2019 Sen John Hoeven (R-ND)
  • Sponsor: Sen John Hoeven (R-ND)
  • Purpose: Provide industry and economic development opportunities, including access to federal programs that support P3’s, to Indian communities

H.R. 658National Infrastructure Development Bank Act of 2019

  • Introduced: 1/17/2019 Rep. Rosa DeLauro (D-CT-3)
  • Sponsor: Rep. Rosa DeLauro (D-CT-3)
  • Purpose: Establish a national infrastructure bank to facilitate the investment and financing of infrastructure projects 

S. 437The SALT Act of 2019

  • Introduced: 2/11/2019
  • Sponsor: Sen. Robert Menendez (D-NJ)
  • Purpose: Repeal the $10,000 cap on the SALT deduction and restore the 39.6 percent income tax rate on upper-income taxpayers.
  • Companion House bill: H.R. 1142, introduced by Rep. Bill Pascrell Jr. (D-NJ-9) on 2/11/2019

S. 352 – BUILD Act

  • Introduced: 2/6/2019 Sens. John Cornyn (R-TX) and Mark Warner (D-VA)
  • Sponsor: Sens. John Cornyn (R-TX) and Mark Warner (D-VA)
  • Purpose: Raise the federal statutory cap on PABs issued by or on behalf of state and local governments for highway and freight improvement projects from $15 billion to $20.8 billion
  • Companion Bill: H.R. 2541, introduced by Rep. Earl Blumenauer (D-OR) on 5/7/2019

S. 1121 – PRO Sports Act

  • Introduced: 4/10/2019
  • Sponsor: Sen. Joni Ernst (R-IA)
  • Purpose: Prevent major professional sports leagues from qualifying for tax-exempt status. 

H.R. 2772 The Investing in Our Communities Act     

  • Introduced: 5/15/2019
  • Sponsor: Reps. Dutch Ruppersberger (D-MD) and Steve Stivers (R-OH) 
  • Purpose: Amend the Internal Revenue Code to reinstate advance refunding bonds.

S. 1587 – The Inclusive Property Act of 2019

  • Introduced: 5/22/2019
  • Sponsor: Sen. Bernie Sanders (I-VT)
  • Purpose: Set different rates on stocks, bonds, and derivatives based on the existing transaction costs in each market.
  • Companion House bill: H.R. 2923, introduced by Rep. Barbara Lee (D-CA-13) on 5/22/2019

H.R. 2921Broadband for All Act     

  • Introduced: 1/30/2019
  • Sponsor: Reps. Derek Kilmer (D-WA-6) and Elise Stefanuk (R-NY-21) 
  • Purpose: Create refundable tax credits to reimburse a portion of the cost of broadband infrastructure serving limited broadband districts

H.R. 2718 - P3 Act

  • Introduced: 5/14/2019
  • Sponsor: Rep. Kilmer, Derek (D-WA-6)
  • Purpose: Would expand the definition of private activity bonds to include green infrastructure bonds.

H.R. 3077 - Affordable Housing Credit Improvement Act of 2019

  • Introduced: 6/4/2019
  • Sponsor: Rep. DelBene (D-WA)
  • Purpose: Expands the federal Low-Income Housing Tax Credit
  • Companion Senate Bill: S. 1703 introduced by Democratic Sens. Ron Wyden (D-OR), Todd Young (R-IN), Johnny Isakson (R-GA)

S. 1763 - The Carbon Capture Improvement Act

  • Introduced: 6/10/2019
  • Sponsor: Senators Bennet (D-CO) and Portman (R-OH)
  • Purpose: Provides for the issuance of exempt facility bonds for qualified carbon dioxide capture facilities
  • Companion House Bill: H.R. 3861 introduced by Republican Rep. Tim Burchett (R-TN).

S.2039 - Greener Transportation for Communities Act

  • Introduced: 6/27/2019
  • Sponsor: Sen. Catherine Cortez Mastro (D-NM)
  • Purpose: Expands PABs for zero emission charging stations

S. 1288 - Clean Energy for America Act

  • Introduced: 05/02/2019
  • Sponsor: Sen. Ron Wyden (D-OR)
  • Purpose: Simplify the tax code and provide energy tax incentives for clean energy projects.

H.R. 3744 - Agriculture Environmental Stewardship Act of 2019

  • Introduced: 7/12/2019
  • Sponsor: Rep. Ron Kind (D-WI)
  • Purpose: Qualifies bio gas property for energy credits and renewable energy bonds.

H.R. 3967 - Municipal Bond Market Support Act of 2019

  • Introduced: 7/29/2019
  • Sponsor: Rep. Terri Sewell (D-AL) and Tom Reed (R-N)
  • Purpose: To permanently modify the limitations on the deduction of interest by financial institutions which hold tax-exempt bonds.

H.R. 2446 - No Tax Subsidies for Stadiums Act of 2019

  • Introduced: 05/01/2019
  • Sponsor: Rep. Earl Blumenauer (D-OR)
  • Purpose: Prohibits a professional stadium bond from being treated as a tax-exempt state or local bond.
  • Companion Senate Bill: S. 1242 introduced by Democrat Sen. Cory Booker (D-NJ).

Comments: Please send comments to Jessica Giroux, NABL’s Director of Governmental Affairs. If you would like to schedule a meeting with a Member of Congress, please reach out to Jessica Giroux for assistance.