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United States · Bill · HR

H.R. 3857 (108th)

Private Bonds for Modern Roads Act of 2004

referredUnited States· United States Congress· EN

Introduced

26 February 2004

Last action

26 February 2004 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Johnson, Sam [R-TX-3], Rep. Herger, Wally [R-CA-2], Rep. Neal, Richard E. [D-MA-1], Rep. Ramstad, Jim [R-MN-3], Rep. Brady, Kevin [R-TX-8], Rep. Hayworth, J. D. [R-AZ-5], Rep. Sandlin, Max [D-TX-1], Rep. Burgess, Michael C. [R-TX-26], Rep. Myrick, Sue Wilkins [R-NC-9], Rep. Smith, Lamar [R-TX-21], Rep. Paul, Ron [R-TX-14], Rep. Sessions, Pete [R-TX-17], Rep. Culberson, John Abney [R-TX-7], Rep. Bonilla, Henry [R-TX-23], Rep. Hall, Ralph M. [R-TX-4], Rep. Foley, Mark [R-FL-16], Rep. McInnis, Scott [R-CO-3], Rep. Akin, W. Todd [R-MO-2], Rep. Kennedy, Mark R. [R-MN-6], Rep. Hensarling, Jeb [R-TX-5], Rep. Crane, Philip M. [R-IL-8], Rep. Shaw, E. Clay, Jr. [R-FL-22], Rep. Dunn, Jennifer [R-WA-8], Sen. Portman, Rob [R-OH]

Subjects

Taxation

Source updated

18 August 2025

Taxation

Summary

Private Bonds for Modern Roads Act of 2004 - Amends the Internal Revenue Code to include as a tax-exempt facility bond any bond that is part of an issue 95 percent or more of the net proceeds of which are to be used to provide surface transportation facilities. Defines "surface transportation facilities" to mean certain highway facilities and surface freight transfer facilities. Limits the aggregate face amount of a bond issue that may be treated as tax-exempt under this Act. Exempts such bonds from the State cap on volume for private activity bonds.

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

Timeline

  1. 26 February 2004

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 26 February 2004

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 26 February 2004

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 26 February 2004

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 26 February 2004

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 26 February 2004

    Open at official source

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Sponsors

Related records

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Sources

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