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United States · Bill · HR

H.R. 4737 (96th)

A bill to amend the Internal Revenue Code of 1954 with respect to the advance refunding of certain industrial development bonds.

referredUnited States· United States Congress· EN

Introduced

11 July 1979

Last action

—

Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

7 February 2024

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Summary

Amends the Internal Revenue Code to permit the exclusion from gross income of interest earned on industrial development bonds which are used to refund any obligation for which such bonds may be issued under the Internal Revenue Code. Sets forth transitional rules for industrial development bonds issued prior to certain specified dates.

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Documents

1 official file

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