Sec. 1. Short title; table of contents
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This Act may be cited as the . Invest in United States Act of 2014 The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Title I—American Infrastructure Financing Authority Sec. 101. Findings and purpose. Sec. 102. Definitions. Subtitle A—American Infrastructure Financing Authority Sec. 111. Establishment and general authority of AIFA. Sec. 112. Voting members of the Board of Directors. Sec. 113. Chief Executive Officer of AIFA. Sec. 114. Powers and duties of the Board of Directors.
Sec. 115. Senior management. Sec. 116. Special Inspector General for AIFA. Sec. 117. Other personnel. Sec. 118. Compliance. Subtitle B—Terms and limitations on direct loans and loan guarantees Sec. 121. Eligibility criteria for assistance from AIFA and terms and limitations of loans. Sec. 122. Loan terms and repayment. Sec. 123. Compliance and enforcement. Sec. 124. Audits; reports to the President and Congress. Subtitle C—Funding of AIFA Sec. 131. Fees. Sec. 132. Self-sufficiency of AIFA.
Sec. 133. Funding. Sec. 134. Contract authority. Title II—Tax credit extensions Sec. 201. Permanent extension of new markets tax credit. Sec. 202. Build America Bonds made permanent. Sec. 203. Permanent extension of research credit; increase in alternative simplified research credit. Sec. 204. Exempt-facility bonds for sewage and water supply facilities. Sec. 205. Repeal of alternative minimum tax on private activity bonds. Title III—Skills Training Sec. 301. Job training tax credit.
Sec. 302. Qualified Job Training Partnerships credit. Title IV—Trade provisions Sec. 401. Findings; sense of Congress on applicability of trade authorities procedures to a bill implementing a trade and investment agreement with the European Union. Sec. 402. Extension of trade adjustment assistance program. Title V—Minimum Wage Increase and Business Tax Relief Sec. 501. Minimum wage increases. Sec. 502. Work Opportunity Credit made permanent. Sec. 503. Increased expensing limitations and treatment of certain real property as section 179 property made permanent.
Sec. 504. Permanent extension of treatment of qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property as 15-year property for purposes of depreciation deduction.