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HR 2714 105th Congress House Taxation Business income tax Capital investments Commerce Finance and Financial Sector Income tax Industrial development bonds

To amend the Internal Revenue Code of 1986 to disregard certain amounts of capital expenditures in applying $10,000,000 limit on such issues.

Introduced: October 23, 1997 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 23, 1997
Referred to the House Committee on Ways and Means.
Oct 23, 1997
Sponsor introductory remarks on measure. (CR E2072)
Oct 23, 1997
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to disregard $10 million of capital expenditures in applying the $10 million limitation on the face amount of qualified small issue bonds.

What's happening now October 23, 1997

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1