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HR 840 105th Congress House Taxation Business income tax Capital investments Commerce Factories Finance and Financial Sector Government Operations and Politics Income tax Industrial development bonds Land transfers Manufacturing industries Office buildings Public Lands and Natural Resources State finance Tax-exempt securities

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

Introduced: February 26, 1997 See on congress.gov
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 26, 1997
Referred to the House Committee on Ways and Means.
Feb 26, 1997
Introduced in House
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 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. Excludes any qualified small issue bond from the limitation on use for land acquisition. Repeals the percentage limitation on directly related and ancillary facilities which may be financed by qualified small issue bonds. Changes the private activity bond volume cap State ceiling maximum amount.

What's happening now February 26, 1997

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2 Republican 1
D
Clyburn, James E.
South Carolina · Jun 5, 1997
 D
Lofgren, Zoe
California · Jun 5, 1997
 R
Calvert, Ken
California · Feb 26, 1997
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 840: To amend the Internal Revenue Code of 1986 to disregard certain amounts of capital expenditures in applying $10,000,000 limit on such issues, and for other purposes.. 105th Congress. Open America. https://openamerica.io/bill/105-HR-840/
MLA
"H.R. 840: To amend the Internal Revenue Code of 1986 to disregard certain amounts of capital expenditures in applying $10,000,000 limit on such issues, and for other purposes.." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-840/.
Bluebook (legal)
H.R. 840, 105th Cong. (2026), https://openamerica.io/bill/105-HR-840/.
Markdown link
[H.R. 840: To amend the Internal Revenue Code of 1986 to disregard certain amounts of capital expenditures in applying $10,000,000 limit on such issues, and for other purposes.](https://openamerica.io/bill/105-HR-840/)
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