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S 3097 107th Congress Senate

MEGA Innovate

Official title: A bill to amend the Internal Revenue Code of 1986 to provide a nonrefundable credit for holders of qualified highway bonds.

Introduced: October 10, 2002 See on congress.gov
Taxation Economics and Public FinanceFederal aid highway programGovernment securitiesGovernment trust funds
More subjectsShow fewer subjects
Highway financeIncome taxInfrastructure (Economics)InterestPersonal income taxTax creditsTax-exempt securitiesTransportation and Public Works
This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 10, 2002
Read twice and referred to the Committee on Finance.
Oct 10, 2002
Sponsor introductory remarks on measure. (CR S10377-10378)
Oct 10, 2002
Introduced in Senate
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 Latest action October 10, 2002

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service
Maximum Economic Growth for America Through Innovative Finance Act or MEGA - Amends the Internal Revenue Code to allow a limited credit to a taxpayer holding a qualified highway bond. Limits the amount of such bonds which may be issued.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 3097: MEGA Innovate. 107th Congress. Open America. https://openamerica.io/bill/107-S-3097/
MLA
"S. 3097: MEGA Innovate." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-S-3097/.
Bluebook (legal)
S. 3097, 107th Cong. (2026), https://openamerica.io/bill/107-S-3097/.
Markdown link
[S. 3097: MEGA Innovate](https://openamerica.io/bill/107-S-3097/)
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