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HR 3857 108th Congress House Taxation Boundaries Bridges Highway finance Income tax Infrastructure Intermodal transportation International Affairs International agencies Railroad freight operations Railroad terminals Road construction Storage Tax-exempt securities Transportation and Public Works Transportation engineering Trucking Tunnels

Private Bonds for Modern Roads Act of 2004

Introduced: February 26, 2004 See on congress.gov
This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) 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, 2004
Referred to the House Committee on Ways and Means.
Feb 26, 2004
Introduced in House
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 Plain-English summary Congressional Research Service

Private Bonds for Modern Roads Act of 2004 - Amends the Internal Revenue Code to include as a tax-exempt facility bond any bond that is part of an issue 95 percent or more of the net proceeds of which are to be used to provide surface transportation facilities. Defines "surface transportation facilities" to mean certain highway facilities and surface freight transfer facilities. Limits the aggregate face amount of a bond issue that may be treated as tax-exempt under this Act. Exempts such bonds from the State cap on volume for private activity bonds.

What's happening now February 26, 2004

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 3857: Private Bonds for Modern Roads Act of 2004. 108th Congress. Open America. https://openamerica.io/bill/108-HR-3857/
MLA
"H.R. 3857: Private Bonds for Modern Roads Act of 2004." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-3857/.
Bluebook (legal)
H.R. 3857, 108th Cong. (2026), https://openamerica.io/bill/108-HR-3857/.
Markdown link
[H.R. 3857: Private Bonds for Modern Roads Act of 2004](https://openamerica.io/bill/108-HR-3857/)
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