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HR 3348 102th Congress House Taxation Highspeed ground transportation Income tax Railroad finance Tax-exempt securities

To amend the Internal Revenue Code of 1986 to provide a full exemption from the volume cap on private activity bonds for bonds used to finance high-speed intercity rail facilities.

Introduced: September 17, 1991 See on congress.gov
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This bill died when the 102nd Congress ended
It never became law before the 102nd Congress (1991–1992) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 17, 1991
Referred to the House Committee on Ways and Means.
Sep 17, 1991
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to provide a complete tax exemption (currently a 75 percent tax exemption) for bonds used to finance high-speed intercity rail facilities.

What's happening now September 17, 1991

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Neal, Richard E.
Massachusetts · Nov 26, 1991
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3348: To amend the Internal Revenue Code of 1986 to provide a full exemption from the volume cap on private activity bonds for bonds used to finance high-speed intercity rail facilities.. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-3348/
MLA
"H.R. 3348: To amend the Internal Revenue Code of 1986 to provide a full exemption from the volume cap on private activity bonds for bonds used to finance high-speed intercity rail facilities.." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-3348/.
Bluebook (legal)
H.R. 3348, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-3348/.
Markdown link
[H.R. 3348: To amend the Internal Revenue Code of 1986 to provide a full exemption from the volume cap on private activity bonds for bonds used to finance high-speed intercity rail facilities.](https://openamerica.io/bill/102-HR-3348/)
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