HR 979
105th Congress
House
Taxation
Commerce
Cost of living adjustments
Economics and Public Finance
Finance and Financial Sector
Government Operations and Politics
Indexing (Economic policy)
Industrial development bonds
State finance
Tax-exempt securities
To amend the Internal Revenue Code of 1986 to increase the amount of private activity which may be issued in each State, and to index such amount for inflation.
Introduced: March 6, 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
Mar 6, 1997
Referred to the House Committee on Ways and Means.
Mar 6, 1997
Sponsor introductory remarks on measure. (CR E397)
Mar 6, 1997
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to repeal the post-1987 reduction in the State ceiling on private activity bonds. Provides, beginning in 1999, for cost-of-living adjustments in the State ceiling on such bonds.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1