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House bill · H.R. 1255 (119th Congress)

Investing in Our Communities Act

U.S. House of Representatives

Latest action Feb 12, 2025

Sponsor: David Kustoff (U.S. Representative, TN-8, Republican)

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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

Summary

Amends the Internal Revenue Code to reinstate rules allowing municipalities to issue tax-exempt bonds for advance refunding of outstanding bonds before their call date, including certain private activity bonds.

AI summary. Not an official summary. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

House Committee on Ways and Means · U.S. House of Representatives

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Cosponsors

7

Cosponsors listed on Congress.gov, shown A to Z.

  • Democratic4
  • Republican3

This bill has cosponsors from more than one party.

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Related bills

As identified by Congress.gov.

Full history

  1. Feb 12, 2025

    Introduced

    Introduced in House

    U.S. House of Representatives

  2. Feb 12, 2025

    Introduced

    Introduced in U.S. House

    U.S. House

  3. Feb 12, 2025

    Referred to committee

    Referred to the House Committee on Ways and Means.

    U.S. House of Representatives

Read the record