A bill to amend the Internal Revenue Code of 1954 to provide an exclusion from gross income for the interest on certain governmental obligations the proceeds of which are used to provide hospital facilities.

Summary

Amends the Internal Revenue Code to allow the exclusion from gross income of interest on industrial development bonds the proceeds of which are for the tax exempt activity of providing hospital facilities.

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

Timeline

1. 1 April 1976

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 1 April 1976

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 1 April 1976

  Open at official source

Sponsors

• Sen. Bentsen, Lloyd M. [D-TX] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to provide an exclusion from gross income for the interest on certain governmental obligations the proceeds of which are used to provide hospital facilities.