Modernizing American Manufacturing Bonds Act

Summary

Modernizing American Manufacturing Bonds Act This bill amends the Internal Revenue Code, with respect to qualified small issue bonds for manufacturing purposes, to: (1) expand the definition of "manufacturing facility" to include a facility which is used in the creation or production of intangible property and which is functionally related and subordinate to a facility located on the same site and financed with not more than 25% of bond proceeds, and (2) increase from $10 million to $30 million the maximum bond limitation.

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 28 September 2016

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 28 September 2016

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• Introduced in Senate

  summary · EN · 28 September 2016

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