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United States · Bill · S

S. 2885 (110th)

A bill to amend the Internal Revenue Code of 1986 to expand the availability of industrial development bonds to facilities manufacturing intangible property.

referredUnited States· United States Congress· EN

Introduced

17 April 2008

Last action

17 April 2008 · Introduced

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3156)

Sponsors

Sen. Snowe, Olympia J. [R-ME], Sen. Kerry, John F. [D-MA], Sen. Smith, Gordon H. [R-OR], Sen. Brown, Sherrod [D-OH], Sen. Collins, Susan M. [R-ME], Sen. Lincoln, Blanche L. [D-AR]

Subjects

Taxation

Source updated

14 January 2025

Taxation

Official sourceDownload fileView documentsShare

Summary

Amends the Internal Revenue Code to: (1) qualify manufacturing facilities that create intangible property for tax-exempt bond financing; and (2) revise the definition of "manufacturing facility" for purposes of certain limitations on tax-exempt bond financing to include facilities which are functionally related and subordinate to a manufacturing facility.

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

Timeline

  1. 17 April 2008

    Introduced

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3156)

    Source: IntroReferral

  2. 17 April 2008

    Introduced

    Sponsor introductory remarks on measure. (CR S3155-3156)

    Source: IntroReferral

  3. 17 April 2008

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 17 April 2008

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 17 April 2008

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 17 April 2008

    Open at official source

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Sponsors

Related records

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Sources

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