A bill to amend the Internal Revenue Code of 1954 to provide for the issuance of nontaxable bonds for the furnishing of electric energy not produced by petroleum or natural gas.

referredUnited States· United States Congress· EN

Introduced

1 August 1977

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to exempt from taxation the interest on industrial development bonds issued for financing non-profit facilities for the production of electricity, if such facilities do not use petroleum or natural gas for a fuel.

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Documents

1 official file

Introduced in House
summary · EN · 1 August 1977
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/house-bill/8679
Open data entity: https://api.congress.gov/v3/bill/95/hr/8679