H.R. 8396, also known as the "Local Infrastructure Financing Tools Act" or the "LIFT Act," aims to amend the Internal Revenue Code to provide tax credits for issuers of American infrastructure bonds, incentivizing investments in capital projects and infrastructure improvements. The bill...
Simple Explanation
H.R. 8396, called the "LIFT Act," wants to give special money bonuses to people who build things like roads and bridges in America, hoping it will help make these things better for everyone.