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.

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.

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

Timeline

1. 26 February 1986

   Introduced

   Referred to the Committee on Finance.

   Source: IntroReferral

2. 26 February 1986

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 3 March 1986

   Committee

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

   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 · 26 February 1986

  Open at official source

Sponsors

• Sen. Cranston, Alan [D-CA] · D · Sponsor
• Sen. Zorinsky, Edward [D-NE] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → 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.
• related to → 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.