A bill to amend the Internal Revenue Code of 1954 to exempt certain sewage and solid waste disposal facilities that provide energy from the limitation on small bond issues.

openUnited States· United States Congress· EN

Introduced

25 October 1983

Last action

—

Status

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

Summary

Amends the Internal Revenue Code to disregard capital expenditures made to construct sewage or solid waste disposal facilities or facilities for the furnishing of electric energy or gas in computing the ten million dollar limitation on tax-exempt (interest excluded from gross income) small issues of industrial development bonds.

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Documents

1 official file

Introduced in Senate
summary · EN · 25 October 1983
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/98th-congress/senate-bill/1996
Open data entity: https://api.congress.gov/v3/bill/98/s/1996