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    <number>5330</number>
    <updateDate>2023-01-11T13:25:52Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:25:52Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2014-07-31</introducedDate>
    <congress>113</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. CONYERS:H.R. 5330.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1The Congress shall have Power to lay and collect Taxes,Duties, Imposts and Excises, to pay the Debts and provide forthe common Defence and general Welfare of the United States;but all Duties, Imposts and Excises shall be uniformthroughout the United States.[Page H7186]</pre>]]></constitutionalAuthorityStatementText>
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      <item>
        <title>Build America Bonds Act of 2013</title>
        <congress>113</congress>
        <number>789</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2013-02-15</actionDate>
          <text>Referred to the House Committee on Ways and Means.</text>
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        <actionDate>2014-07-31</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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      <item>
        <bioguideId>C000714</bioguideId>
        <fullName>Rep. Conyers, John, Jr. [D-MI-13]</fullName>
        <firstName>JOHN</firstName>
        <lastName>CONYERS</lastName>
        <party>D</party>
        <state>MI</state>
        <district>13</district>
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        <fullName>Rep. Rangel, Charles B. [D-NY-13]</fullName>
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        <party>D</party>
        <state>NY</state>
        <middleName>B.</middleName>
        <district>13</district>
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        <bioguideId>K000009</bioguideId>
        <fullName>Rep. Kaptur, Marcy [D-OH-9]</fullName>
        <firstName>MARCY</firstName>
        <lastName>KAPTUR</lastName>
        <party>D</party>
        <state>OH</state>
        <district>9</district>
        <sponsorshipDate>2014-07-31</sponsorshipDate>
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        <fullName>Del. Norton, Eleanor Holmes [D-DC-At Large]</fullName>
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        <party>D</party>
        <state>DC</state>
        <middleName>HOLMES</middleName>
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        <fullName>Rep. Jackson Lee, Sheila [D-TX-18]</fullName>
        <firstName>SHEILA</firstName>
        <lastName>JACKSON LEE</lastName>
        <party>D</party>
        <state>TX</state>
        <district>18</district>
        <sponsorshipDate>2014-07-31</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>M001137</bioguideId>
        <fullName>Rep. Meeks, Gregory W. [D-NY-5]</fullName>
        <firstName>GREGORY</firstName>
        <lastName>MEEKS</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>W.</middleName>
        <district>5</district>
        <sponsorshipDate>2014-07-31</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>W000808</bioguideId>
        <fullName>Rep. Wilson, Frederica S. [D-FL-24]</fullName>
        <firstName>Frederica</firstName>
        <lastName>Wilson</lastName>
        <party>D</party>
        <state>FL</state>
        <middleName>S.</middleName>
        <district>24</district>
        <sponsorshipDate>2014-07-31</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>L000551</bioguideId>
        <fullName>Rep. Lee, Barbara [D-CA-13]</fullName>
        <firstName>BARBARA</firstName>
        <lastName>LEE</lastName>
        <party>D</party>
        <state>CA</state>
        <district>13</district>
        <sponsorshipDate>2014-07-31</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>C001090</bioguideId>
        <fullName>Rep. Cartwright, Matt [D-PA-17]</fullName>
        <firstName>Matt</firstName>
        <lastName>Cartwright</lastName>
        <party>D</party>
        <state>PA</state>
        <district>17</district>
        <sponsorshipDate>2014-08-01</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    <policyArea>
      <name>Taxation</name>
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    <subjects>
      <legislativeSubjects>
        <item>
          <name>Economic development</name>
        </item>
        <item>
          <name>Income tax credits</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
        <item>
          <name>State and local finance</name>
        </item>
        <item>
          <name>Urban and suburban affairs and development</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2014-07-31</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2014-09-26T18:32:08Z</updateDate>
        <text><![CDATA[ <p>Bringing Urgent Investment to Local Development Act or the BUILD Act - Amends the Internal Revenue Code, with respect to the tax credit for investment in Build America bonds, to: (1) make permanent the authority for issuance of such bonds, (2) phase in an annual reduction in the credit rate for&nbsp;bondholders and issuers&nbsp;between 2014 and 2019, and (3) allow an issuer a refundable credit amount&nbsp;for investment in economic development&nbsp;bonds in cities with&nbsp;specified unemployment and poverty rates and population loss. </p>]]></text>
      </summary>
    </summaries>
    <title>BUILD Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>BUILD Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to make the tax treatment for certain build America bonds permanent and to provide for recovery zone economic development bonds for certain cities, and for other purposes.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
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        <titleType>Short Titles as Introduced</titleType>
        <title>BUILD Act</title>
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      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Bringing Urgent Investment to Local Development Act</title>
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        <type>Introduced in House</type>
        <date>2014-07-31T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-113hr5330ih/xml/BILLS-113hr5330ih.xml</url>
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      </item>
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    <latestAction>
      <actionDate>2014-07-31</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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