HR 2707
104th Congress
House
Taxation
Commerce
Finance and Financial Sector
Government Operations and Politics
Income tax
Industrial development bonds
Tax-exempt securities
Affordable Home Ownership Act of 1995
Introduced: December 5, 1995
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 5, 1995
Referred to the House Committee on Ways and Means.
Dec 5, 1995
Introduced in House
Plain-English summary
Affordable Home Onwership Act of 1995 - Amends the Internal Revenue Code to increase the amount of the volume cap on the State ceiling on tax-exempt private activity bonds applicable to any State to be the greater of: (1) an amount equal to $50 multiplied by the State population; or (2) $250 million. Continues the requirement that any U.S. possession be exempted from the preceding dollar limitation.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1