A concurrent resolution to express the sense of the Congress that any tax reform provisions relating to tax-exempt municipal bonds take effect no earlier than January 1, 1987.

openUnited States· United States Congress· EN

Introduced

26 February 1986

Last action

—

Status

Committee on Finance requested executive comment from OMB, Department of the Treasury.

Summary

Expresses the sense of the Congress, and instructs its committees and conferees, that the Congress will not approve any provisions in H.R. 3838 or in similar legislation that would adversely affect the tax-exempt status of the bonds or other obligations of the States or their political subdivisions and instrumentalities which comply with current law and which are issued prior to: (1) January 1, 1987; or (2) any later date provided in enacted law.

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Documents

1 official file

Introduced in Senate
summary · EN · 26 February 1986
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/99th-congress/senate-concurrent-resolution/111
Open data entity: https://api.congress.gov/v3/bill/99/sconres/111