In CommitteeFiled May 15, 2026
Sponsor: Rep. Sewell, Terri A. [D-AL-7] (D)
Latest Action
Referred to the House Committee on Ways and Means.
May 15, 2026
Summary
The LIFT Act adds a credit that reduces the amount of interest bond issuers must pay on qualified infrastructure bonds. The credit is paid by the Treasury each time interest is due and varies by year, starting at 42% and falling to 30% after 2033. It is aimed at encouraging the use of bonds that fund capital projects for public infrastructure.
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