A bill to amend the Internal Revenue Code of 1954 to increase from $1,000,000 to $10,000,000 the exemption from industrial development bond treatment for certain small issues.

referredUnited States· United States Congress· EN

Introduced

10 April 1979

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to increase from $1,000,000 to $10,000,000 the dollar limit for bond issues qualifying as small issues, for purposes of the exclusion from gross income of the interest on such bonds.

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Documents

1 official file

Introduced in House
summary · EN · 10 April 1979
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/96th-congress/house-bill/3619
Open data entity: https://api.congress.gov/v3/bill/96/hr/3619