PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Ways and Means.
Congressional Research Service
Version 00 · Introduced in House · Feb 26, 2021
Public Buildings Renewal Act of 2021
This bill allows tax-exempt financing of certain government-owned buildings by expanding the definition of exempt facility bond to include bonds used for qualified government buildings.
A qualified government building is a government-owned building or facility that consists of one or more of the following
Showing the opening paragraphs of the official summary.
an elementary or secondary school;
facilities of a state college or university used for educational purposes;
a public library;
a court;
hospital, health care, laboratory, or research facilities;
public safety facilities; or
offices for government employees.
The bill excludes buildings or facilities that include specified recreational equipment or are used for the primary purpose of providing retail food and beverage services, recreation, or entertainment.
The bill establishes (1) a $5 billion limit on the amount of tax-exempt financing which may be provided for government buildings, and (2) procedures for allocating and applying for the financing of a building, including a certification that the project owner will use reasonable efforts to ensure against job losses.
The bill also allows an exemption from the volume cap for private activity bonds used to finance government buildings.
People & committees
Rep. Blumenauer, Earl [D-OR-3] · D–OR
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR E179)
Introduced in House
Introduced in House
Primary sources
Text links open the official source. We currently store references to these documents.
Source last updated: Jan 3, 2025. Consult Congress.gov for the current record.
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