HR 2171
103th Congress
House
Taxation
Finance and Financial Sector
Income tax
Interest
Tax-exempt securities
To amend the Internal Revenue Code of 1986 to increase the amount of bonds eligible for financial institution purchase under small issuer exception.
Introduced: May 19, 1993
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 19, 1993
Referred to the House Committee on Ways and Means.
May 19, 1993
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to increase the amount of tax-exempt obligations excepted from the pro rata allocation of interest expense of financial institutions to tax-exempt interest for qualified small issuers.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1