United States · Bill · HR
H.R. 2960 (104th)
To amend the Internal Revenue Code of 1986 to provide that amounts derived from Federal grants in connection with revolving funds established in accordance with the Federal Water Pollution Control Act will not be treated as investment property for purposes of section 148 of such Code.
Introduced
1 February 1996
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
2 January 2025
Summary
Amends the Internal Revenue Code to exclude amounts derived from Federal grants made in connection with a revolving fund established in accordance with the Federal Water Pollution Control Act from characterization as higher yielding investments.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 1 February 1996
Introduced in House (PDF)
Introduced in House · EN · 1 February 1996
Introduced in House
summary · EN · 1 February 1996
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/104th-congress/house-bill/2960
- Open data entity: https://api.congress.gov/v3/bill/104/hr/2960