A bill to amend the Internal Revenue Code of 1986 to allow an additional advance refunding of tax-exempt bonds issued for the purchase or maintenance of electric generation, transmission, or distribution assets.

referredUnited States· United States Congress· EN

Introduced

19 June 2003

Last action

—

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S8236)

Summary

Permits one additional advance refunding of certain tax-exempt bonds, of which the net proceeds are used to finance the costs of electric generation, transmission, or distribution assets owned by the issuer or by a consortium of State or local governments which includes the issuer. Sets certain conditions the bonds must meet to qualify for the advance refunding.

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Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 19 June 2003
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Introduced in Senate (PDF)
Introduced in Senate · EN · 19 June 2003
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Introduced in Senate
summary · EN · 19 June 2003
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Sources

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Official source: https://www.congress.gov/bill/108th-congress/senate-bill/1290
Open data entity: https://api.congress.gov/v3/bill/108/s/1290