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HR 1771 109th Congress House Taxation Development credit institutions Economics and Public Finance Federally-guaranteed loans Finance and Financial Sector Foreign Trade and International Finance Income tax Interest North America Tax exclusion Tax-exempt securities

To amend the Internal Revenue Code of 1986 to clarify that a NADBank guarantee is not considered a Federal guarantee for purposes of determining the tax-exempt status of bonds.

Introduced: April 21, 2005 See on congress.gov
This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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
Apr 21, 2005
Referred to the House Committee on Ways and Means.
Apr 21, 2005
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to provide that a loan guarantee by the North American Development Bank (NADBank) shall not be treated as a Federal guarantee for purposes of the tax exclusion for interest on State and local bonds.

What's happening now April 21, 2005

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
 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. 1771: To amend the Internal Revenue Code of 1986 to clarify that a NADBank guarantee is not considered a Federal guarantee for purposes of determining the tax-exempt status of bonds.. 109th Congress. Open America. https://openamerica.io/bill/109-HR-1771/
MLA
"H.R. 1771: To amend the Internal Revenue Code of 1986 to clarify that a NADBank guarantee is not considered a Federal guarantee for purposes of determining the tax-exempt status of bonds.." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-1771/.
Bluebook (legal)
H.R. 1771, 109th Cong. (2026), https://openamerica.io/bill/109-HR-1771/.
Markdown link
[H.R. 1771: To amend the Internal Revenue Code of 1986 to clarify that a NADBank guarantee is not considered a Federal guarantee for purposes of determining the tax-exempt status of bonds.](https://openamerica.io/bill/109-HR-1771/)
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