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
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
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1