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
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
Plain-English summary
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
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1