H.R. 1771
109th Congress
House
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.
Taxation
Development credit institutionsEconomics and Public FinanceFederally-guaranteed loansFinance and Financial Sector
More subjectsShow fewer subjects
Foreign Trade and International FinanceIncome taxInterestNorth AmericaTax exclusionTax-exempt securities
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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Latest action
Referred to the House Committee on Ways and Means.
Plain-English summary
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.
Related & companion bills
1
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
3
Cite this page
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/
"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/.
H.R. 1771, 109th Cong. (2026), https://openamerica.io/bill/109-HR-1771/.
[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/)