A Democratic bill with no cosponsors
Last activity — Referred to the House Committee on Ways and Means.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, known as the "LIFT Act," aims to amend the Internal Revenue Code of 1986. It establishes a tax credit for issuers of "American infrastructure bonds" to encourage infrastructure investment. The credit amount varies based on the year the bond is issued, starting at 42% for 2026 through 2030 and decreasing over time. The bill also modifies rules regarding advance refunding bonds. Additionally, it permanently increases limitations for certain financial institutions.
Yes· 3 of 7
- Scored +5
Does this strengthen the rights of workers to organise?
The bill requires projects financed by these bonds to comply with the Davis-Bacon Act labor standards.
- Scored +5
Would union members be better off under this?
The bill mandates compliance with the Davis-Bacon Act for projects using the bond proceeds.
- Scored +4
Is this likely to grow the economy?
The bill provides tax credits to encourage the issuance of bonds for infrastructure capital expenditures and maintenance.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Tax Credits for Infrastructure Issuers: The bill provides a credit to the issuer of an American infrastructure bond, which is calculated as a percentage of the interest payable (Section 2, SEC. 6436(b)). This could help fund projects used for the acquisition, construction, or improvement of property (Section 2, SEC. 6436(c)(1)(A)).
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Increased Limits for Financial Institutions: The bill permanently increases the limitation for certain financial institutions from $10,000,000 to $30,000,000 (Section 4, SEC. 4(a)).
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Inflation Adjustments: For calendar years after 2026, the $30,000,000 amounts will be increased based on cost-of-living adjustments (Section 4, SEC. 4(c)).
Potential Negative Impacts for People
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Taxable Interest: Unlike some other bonds, interest on an "American infrastructure bond" shall be includible in gross income (Section 2, SEC. 6436(d)(1)).
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Reduced Credit Percentages Over Time: The applicable percentage of the credit decreases from 42% for years 2026-2030 down to 30% for 2033 and thereafter (Section 2, SEC. 6436(b)(2)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Economy And Finance
- Does this strengthen the rights of workers to organise? — The bill requires projects financed by these bonds to comply with the Davis-Bacon Act labor standards. Is this likely to grow the economy? — The bill provides tax credits to encourage the issuance of bonds for infrastructure capital expenditures and maintenance. Does this make it easier to run a small business? — The bill increases the limitation for certain small issuer exceptions for financial institutions to $30,000,000. Does this raise the taxes companies pay? — The bill makes interest on American infrastructure bonds includible in gross income.
- Demographic And Interest Groups
- Would union members be better off under this? — The bill mandates compliance with the Davis-Bacon Act for projects using the bond proceeds. Would business owners be better off under this? — The bill provides financial incentives through tax credits for bond issuers and increases exception limits for financial institutions.
- Environment Energy And Infrastructure
- Does this repair or build roads and bridges? — The bill provides a tax credit to facilitate financing for infrastructure property acquisition, construction, or improvement.
- 5/15/2026
- Referred to the House Committee on Ways and Means.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.