S2441-119

In Committee

Build Now Act of 2025

119th Congress Introduced Jul 24, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill expands a definition change provision: 2. Definitions In this Act: The term covered recipient means a metropolitan city or urban county, as those terms are defined in section 102 of the Housing and Community Development, reduces a grant, compliance mandate provision: 3. Adjustments to community development block grant allocations In allocating amounts to an eligible recipient under section 106 for a fiscal year, the Secretary shall, and reduces a reporting req, compliance mandate provision: 5. Annual report on housing growth improvement rate Before allocating funds under section 106 for a fiscal year, the Secretary shall publish a report that— includes. It relies on compliance mandates, definition changes, grants, and reporting requirements. The main policy areas are Finance, Environment, and Transportation.

Who Benefits and How

The available clause analysis does not identify a specific beneficiary group.

Who Bears the Burden and How

No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.

Key Provisions

  • Expands a definition change provision: 2. Definitions In this Act: The term covered recipient means a metropolitan city or urban county, as those terms are defined in section 102 of the Housing and Community Development...
  • Reduces a grant, compliance mandate provision: 3. Adjustments to community development block grant allocations In allocating amounts to an eligible recipient under section 106 for a fiscal year, the Secretary shall...
  • Reduces a reporting req, compliance mandate provision: 5. Annual report on housing growth improvement rate Before allocating funds under section 106 for a fiscal year, the Secretary shall publish a report that— includes...
  • Reduces a compliance mandate provision: 6. Notification; implementation dates.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.

At a Glance

What This Bill Does

The bill expands a definition change provision: 2. Definitions In this Act: The term covered recipient means a metropolitan city or urban county, as those terms are defined in section 102 of the Housing and Community Development, reduces a grant, compliance mandate provision: 3. Adjustments to community development block grant allocations In allocating amounts to an eligible recipient under section 106 for a fiscal year, the Secretary shall, and reduces a reporting req, compliance mandate provision: 5. Annual report on housing growth improvement rate Before allocating funds under section 106 for a fiscal year, the Secretary shall publish a report that— includes.

Key Policy Areas

Finance, Environment, Transportation

Primary Purpose

The bill expands a definition change provision: 2. Definitions In this Act: The term covered recipient means a metropolitan city or urban county, as those terms are defined in section 102 of the Housing and Community Development, reduces a grant, compliance mandate provision: 3. Adjustments to community development block grant allocations In allocating amounts to an eligible recipient under section 106 for a fiscal year, the Secretary shall, and reduces a reporting req, compliance mandate provision: 5. Annual report on housing growth improvement rate Before allocating funds under section 106 for a fiscal year, the Secretary shall publish a report that— includes.

Policy Domains

Finance Environment Transportation

Legislative Progress

In Committee
Introduced Committee Passed
Jul 24, 2025

Mr. Kennedy (for himself and Ms. Warren) introduced the following …

Jul 24, 2025

Read twice and referred to the Committee on Banking, Housing, …

Jul 24, 2025

Introduced in Senate

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Environment Transportation
Actor Mappings
"secretary_of_housing_and_urban_development"
→ Secretary of Housing and Urban Development

Key Definitions

Terms defined in this bill

1 term
"eligible recipient" §idb6595fbc62e04d50bf37b3926b21bf76

any covered recipient unless— the median Small Area Fair Market Rent in the jurisdiction of the covered recipient is at or below the 60th percentile of median Small Area Fair Market Rents in the jurisdictions of all covered recipients

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology