A bill entitled the "Railroad Bonding Act".

Summary

Amends the Internal Revenue Code to exclude from gross income interest earned on industrial development bonds if the proceeds of such bonds are used to finance railroad rehabilitation or the acquisition of land or rights-of-way in connection with such rehabilitation.

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

Timeline

1. 19 March 1981

   Introduced

   Read second time and referred to Senate Committee on Finance.

   Source: IntroReferral

2. 19 March 1981

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 24 March 1981

   Committee

   Committee on Finance requested executive comment from OMB; Treasury Department; Transportation Department.

   Source: Committee

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 · 19 March 1981

  Open at official source

Sponsors

• Sen. Durenberger, Dave [R-MN] · R · Sponsor
• Sen. Andrews, Mark [R-ND] · R · Sponsor
• Sen. Pressler, Larry [R-SD] · R · Sponsor
• Sen. Abdnor, James [R-SD] · R · Sponsor
• Sen. Melcher, John [D-MT] · D · Sponsor
• Sen. Baucus, Max [D-MT] · D · Sponsor
• Sen. Burdick, Quentin N. [D-ND] · D · Sponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.