Building United States Infrastructure and Leveraging Development Act or the BUILD Act
This bill increases from $15 billion to $30 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.
To amend the Internal Revenue Code of 1986 to increase the national 
  limitation amount for qualified highway or surface freight transfer 
                            facility bonds.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Building United States 
Infrastructure and Leveraging Development Act'' or the ``BUILD Act''.

SEC. 2. INCREASE NATIONAL LIMITATION AMOUNT FOR QUALIFIED HIGHWAY OR 
              SURFACE FREIGHT TRANSFER FACILITY BONDS.

    (a) In General.--Section 142(m)(2)(A) of the Internal Revenue Code 
of 1986 is amended by striking ``$15,000,000,000'' and inserting 
``$30,000,000,000''.
    (b) Effective Date.--The amendments made by this section shall 
apply to bonds issued after the date of the enactment of this Act.
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BUILD Act
A bill to amend the Internal Revenue Code of 1986 to increase the national limitation amount for qualified highway or surface freight transfer facility bonds.
BUILD Act
Building United States Infrastructure and Leveraging Development Act
Sen. Cornyn, John