To amend the Internal Revenue Code of 1986 to provide an additional exception from the arbitrage rebate requirement for tax-exempt bonds.

Summary

Amends the Internal Revenue Code to provide an exception from the arbitrage rebate requirement for tax-exempt bonds if certain percentages of the net proceeds are expected to be spent by the end of each of three years from the date of issuance.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 4 August 1989

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 4 August 1989

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 August 1989

   Introduced

   Introduced in House

   Source: IntroReferral

4. 22 November 1989

   Committee

   See H.R.3299.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 4 August 1989

  Open at official source

Sponsors

• Rep. Anthony, Beryl, Jr. [D-AR-4] · D · Sponsor
• Rep. Sisisky, Norman [D-VA-4] · D · Cosponsor
• Rep. Swift, Al [D-WA-2] · D · Cosponsor
• Rep. Coyne, William J. [D-PA-14] · D · Cosponsor
• Rep. Gonzalez, Henry B. [D-TX-20] · D · Cosponsor
• Rep. Shaw, E. Clay, Jr. [R-FL-15] · R · Cosponsor
• Rep. Gordon, Bart [D-TN-6] · D · Cosponsor
• Rep. Donnelly, Brian J. [D-MA-11] · D · Cosponsor
• Rep. Johnson, Tim [D-SD-At Large] · D · Cosponsor
• Rep. Nielson, Howard C. [R-UT-3] · R · Cosponsor
• Rep. Hughes, William J. [D-NJ-2] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to ← Omnibus Budget Reconciliation Act of 1989