Politiparty
Politiparty

118th Congress Taxation

H.R. 32: Keeping Texas School Construction Costs Down Act of 2023

Introduced

  1. Introduced (completed)Jan 9, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jan 9, 2023

This bill creates a safe harbor for certain perpetual trust funds. It excludes from the definition of investment property under arbitrage provisions any fund created and controlled by a state and established pursuant to its constitution or state law if on a specified date, substantially all of the assets of the fund consist of nonfinancial assets and the assets are used only to support specifically designated essential governmental functions.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

27

Bipartisan support.

Who scored on this bill

12 points earned
  1. 1Lloyd Doggett D-TX SponsorDrew cross-party cosponsors, introduced, reached a cosponsor milestone3 events+12
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

History

  1. Jan 9, 2023Introduced in the House by Lloyd Doggett.
Show the full action history (2 actions)
  1. Jan 9, 2023Introduced in House
  2. Jan 9, 2023Referred to the House Committee on Ways and Means.