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United States · Bill · S

S. 533 (109th)

A bill to amend the Internal Revenue Code of 1986 to clarify that a NADBank guarantee is not considered a Federal guarantee for purposes of determining the tax-exempt status of bonds.

referredUnited States· United States Congress· EN

Introduced

4 March 2005

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

28 November 2025

Summary

Amends the Internal Revenue Code to provide that a loan guarantee by the North American Development Bank (NADBank) shall not be treated as a Federal guarantee for purposes of the tax exclusion for interest on State and local bonds.

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Votes

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Versions

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Documents

3 official files

Sponsors

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Sources

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