A bill to amend the Internal Revenue Code of 1986 to permit the issuance of tax-exempt bonds for certain air and water pollution control facilities, and to provide that the volume cap for private activity bonds shall not apply to bonds for facilities for the furnishing of water, sewage facilities, and air or water pollution control facilities.
Clean Air and Water Investment and Infrastructure Act - Amends the Internal Revenue Code to: (1) permit the issuance of tax-exempt bonds for certain air and water pollution control facilities; and (2) provide that the volume cap for private activity bonds shall not apply to bonds for such air and water pollution control facilities, facilities for the furnishing of water, and sewage facilities.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S15414)
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S15414)
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