3.0.0 747 2023-01-11T13:20:34Z 2023-01-11T13:20:34Z House H HR 2011-02-16 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SCHIFF:H.R. 747.Congress has the power to enact this legislation pursuantto the following:The Build America Bonds Extension Act is constitutionalunder Article I, Section 8, Clause 1 and Article I, Section8, Clause 18, the Necessary and Proper Clause. Article I,Section 8, Clause 1 provides Congress with the authority tolay and collect Taxes, Duties, Imposts and Excises, to paythe Debts and provide for the common Defence and generalWelfare of the United States. The bill is alsoconstitutionally authorized under the Necessary and ProperClause, which supports the expansion of congressionalauthority beyond the explicit authorities that are directlydiscernible from the text.[Page H1040]]]> hswm00 Ways and Means Committee House Standing Referred to 2011-02-16T15:01:45Z 112 11 HR 2011-02-10 Referred to the House Committee on Ways and Means. Related bill CRS 112 736 HR 2011-02-16 Referred to the House Committee on Ways and Means. Related bill CRS 112 992 HR 2011-03-10 Referred to the House Committee on Ways and Means. Related bill CRS 112 6206 HR 2012-07-26 Referred to the House Committee on Ways and Means. Related bill CRS 112 1895 S 2011-11-17 Read twice and referred to the Committee on Finance. Related bill CRS 2011-02-16 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-02-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-02-16 Introduced in House IntroReferral 1000 9 Library of Congress S001150 Rep. Schiff, Adam B. [D-CA-29] ADAM SCHIFF D CA B. 29 N C001060 Rep. Carnahan, Russ [D-MO-3] Russ Carnahan D MO 3 2011-03-08 False L000570 Rep. Lujan, Ben Ray [D-NM-3] Ben Lujan D NM R. 3 2011-03-10 False W000800 Rep. Welch, Peter [D-VT-At Large] Peter Welch D VT 0 2011-03-14 False G000551 Rep. Grijalva, Raúl M. [D-AZ-7] Raúl Grijalva D AZ M. 7 2011-03-14 False H001042 Rep. Hirono, Mazie K. [D-HI-2] Mazie Hirono D HI K. 2 2011-03-15 False V000128 Rep. Van Hollen, Chris [D-MD-8] Chris Van Hollen D MD 8 2011-03-31 False C000714 Rep. Conyers, John, Jr. [D-MI-14] JOHN CONYERS D MI 14 2011-04-04 False Taxation Income tax credits Securities State and local finance Taxation

00 2011-02-16 Introduced in House 2011-03-09T23:04:20Z Build America Bonds Extension Act of 2011 - Amends the Internal Revenue Code, with respect to the Build America Bond program, to: (1) extend until December 31, 2012, the authority to issue such bonds and the authority for payments to issuers of such bonds, (2) reduce the percentage rate of payments to issuers, (3) incorporate in the definition of "Build American bond" certain tax-exempt private activity bonds, and (4) allow refundings of currently issued Build America bonds.

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Display Title Official Title as Introduced Introduced in House IH Short Titles as Introduced Introduced in House 2011-02-16T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr747ih/xml/BILLS-112hr747ih.xml 2011-02-16 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.