A bill to delay the application of Revenue Ruling 81-216, relating to the treatment of separate lots of industrial development bonds under the small issue exemption.

Summary

Delays until 1983 the application of Revenue Ruling 81-216 which denies a tax exclusion of the interest on multiple lots of $1,000,000 each of industrial development bonds that are pooled and issued as one bond. Provides that the rules in effect before such Revenue Ruling (including Revenue Rulings 74-380, 77-55, and 78-159) shall remain in effect during such period.

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

Timeline

1. 23 September 1981

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 23 September 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 23 September 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 15 July 1982

   Committee

   See H.R.6685.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 23 September 1981

  Open at official source

Sponsors

• Rep. Guarini, Frank J. [D-NJ-14] · D · Sponsor
• Rep. Nowak, Henry [D-NY-33] · D · Sponsor
• Rep. McDade, Joseph M. [R-PA-10] · R · Sponsor
• Rep. Moakley, John Joseph [D-MA-9] · D · Sponsor
• Rep. Williams, Lyle [R-OH-17] · R · Cosponsor
• Rep. Conte, Silvio O. [R-MA-1] · R · Cosponsor
• Rep. Frank, Barney [D-MA-4] · D · Cosponsor
• Rep. Miller, Clarence E. [R-OH-10] · R · Cosponsor
• Rep. Heckler, Margaret M. [R-MA-10] · R · Cosponsor
• Rep. Mitchell, Parren J. [D-MD-7] · D · Cosponsor
• Rep. Dyson, Roy [D-MD-1] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to ← Urgent Supplemental Appropriations Act, 1982