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United States · Bill · HR

H.R. 5003 (115th)

To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds.

referredUnited States· United States Congress· EN

Introduced

13 February 2018

Last action

13 February 2018 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Hultgren, Randy [R-IL-14], Rep. Ruppersberger, C. A. Dutch [D-MD-2], Rep. Messer, Luke [R-IN-6], Rep. Royce, Edward R. [R-CA-39], Rep. Kildee, Daniel T. [D-MI-5], Rep. Capuano, Michael E. [D-MA-8], Rep. Peterson, Collin C. [D-MN-7], Rep. Soto, Darren [D-FL-9], Rep. Ross, Dennis A. [R-FL-15], Rep. Brownley, Julia [D-CA-26], Rep. Schneider, Bradley Scott [D-IL-10], Rep. Krishnamoorthi, Raja [D-IL-8], Rep. Correa, J. Luis [D-CA-46], Rep. McGovern, James P. [D-MA-2], Rep. Garamendi, John [D-CA-8], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. King, Peter T. [R-NY-2], Rep. Stivers, Steve [R-OH-15], Rep. Donovan, Daniel M., Jr. [R-NY-11], Rep. Zeldin, Lee M. [R-NY-1], Rep. Napolitano, Grace F. [D-CA-32]

Subjects

Taxation

Source updated

7 April 2025

Taxation

Summary

This bill amends the Internal Revenue Code, with respect to the requirements for tax-exempt bonds, to reinstate the exclusion from gross income for interest on certain bonds issued to advance refund another bond. The exclusion was repealed for bonds issued after 2017. (A refunding bond is a bond used to pay principal, interest, or the redemption price on a prior bond issue. An advance refunding bond is issued more than 90 days before the redemption of the refunded bond.)

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

Timeline

  1. 13 February 2018

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 13 February 2018

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 13 February 2018

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 13 February 2018

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 13 February 2018

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 13 February 2018

    Open at official source

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Sponsors

Related records

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Sources

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