United States · Bill · HR
H.R. 4807 (99th)
A bill to amend the Internal Revenue Code of 1954 to provide that interest on a State or local bond shall be included in gross income if the proceeds of the bond are used to finance milk production.
Introduced
13 May 1986
Last action
13 May 1986 · Introduced
Status
Referred to House Committee on Ways and Means.
Sponsors
Rep. Dorgan, Byron L. [D-ND-At Large], Rep. Kastenmeier, Robert W. [D-WI-2], Rep. Evans, Lane [D-IL-17], Rep. Penny, Timothy J. [D-MN-1], Rep. Oberstar, James L. [D-MN-8], Rep. Slattery, Jim [D-KS-2], Sen. Coats, Daniel [R-IN], Rep. Derrick, Butler C. [D-SC-3], Rep. Walker, Robert S. [R-PA-16], Rep. Wortley, George C. [R-NY-27], Rep. Jacobs, Andrew, Jr. [D-IN-11], Rep. Eckart, Dennis E. [D-OH-11], Rep. Bateman, Herbert H. [R-VA-1], Rep. DeWine, Mike [R-OH-7], Rep. Franklin, William W. [R-MS-2], Rep. Martinez, Matthew G. [D-CA-30], Rep. Skelton, Ike [D-MO-4]
Subjects
Taxation
Source updated
7 February 2024
Summary
Amends the Internal Revenue Code to disallow the tax exclusion for interest earned on industrial development bonds issued by a State or local government if the proceeds of such bonds are used to finance milk production. Exempts from such requirement a limited amount of bonds used for first-time farmers and at times when there is a certification by the Secretary of Agriculture of a nationwide shortage of milk.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
13 May 1986
Introduced
Referred to House Committee on Ways and Means.
Source: IntroReferral
13 May 1986
Introduced
Introduced in House
Source: IntroReferral
13 May 1986
Introduced
Introduced in House
Source: IntroReferral
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 · 13 May 1986
Sponsors
- Rep. Dorgan, Byron L. [D-ND-At Large] · D · Sponsor
- Rep. Kastenmeier, Robert W. [D-WI-2] · D · Sponsor
- Rep. Evans, Lane [D-IL-17] · D · Sponsor
- Rep. Penny, Timothy J. [D-MN-1] · D · Sponsor
- Rep. Oberstar, James L. [D-MN-8] · D · Sponsor
- Rep. Slattery, Jim [D-KS-2] · D · Sponsor
- Sen. Coats, Daniel [R-IN] · R · Sponsor
- Rep. Derrick, Butler C. [D-SC-3] · D · Sponsor
- Rep. Walker, Robert S. [R-PA-16] · R · Sponsor
- Rep. Wortley, George C. [R-NY-27] · R · Sponsor
- Rep. Jacobs, Andrew, Jr. [D-IN-11] · D · Sponsor
- Rep. Eckart, Dennis E. [D-OH-11] · D · Cosponsor
- Rep. Bateman, Herbert H. [R-VA-1] · R · Cosponsor
- Rep. DeWine, Mike [R-OH-7] · R · Cosponsor
- Rep. Franklin, William W. [R-MS-2] · R · Cosponsor
- Rep. Martinez, Matthew G. [D-CA-30] · D · Cosponsor
- Rep. Skelton, Ike [D-MO-4] · D · Cosponsor
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/99th-congress/house-bill/4807
- Open data entity: https://api.congress.gov/v3/bill/99/hr/4807
- us · 99-hr-4807 · source updated 7 February 2024