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United States · Bill · S

S. 138 (99th)

Municipal Finance Rescue Act

openUnited States· United States Congress· EN

Introduced

3 January 1985

Last action

Status

Committee on Finance requested executive comment from OMB, Treasury Department.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Municipal Finance Rescue Act - Amends the Internal Revenue Code to exclude from gross income any distributions made from an individual retirement account or a qualified plan benefiting self-employed individuals or owner-employees to the extent such distributions are attributable to tax-exempt interest.

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Documents

1 official file

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Sources

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