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United States · Bill · S

S. 3416 (114th)

Modernizing American Manufacturing Bonds Act

referredUnited States· United States Congress· EN

Introduced

28 September 2016

Last action

28 September 2016 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Brown, Sherrod [D-OH], Sen. Perdue, David [R-GA]

Subjects

Taxation

Source updated

5 December 2025

Taxation

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.

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

Timeline

  1. 28 September 2016

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 28 September 2016

    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 · 28 September 2016

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 28 September 2016

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 28 September 2016

    Open at official source

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Sponsors

Related records

Sources

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