A bill to amend the Internal Revenue Code of 1954 to exempt from industrial development bond treatment certain bond issues the proceeds of which are used for drydock facilities the primary use of which is to be for repairing, inspecting, or servicing vessels.

referredUnited States· United States Congress· EN

Introduced

4 January 1977

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to exclude from gross income interest on industrial development bonds used to provide drydocks for servicing (not manufacturing) vessels.

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Documents

1 official file

Introduced in House
summary · EN · 4 January 1977
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/house-bill/1338
Open data entity: https://api.congress.gov/v3/bill/95/hr/1338