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HR 5177 109th Congress House Taxation Bonds Economics and Public Finance Federal home loan banks Federally-guaranteed loans Finance and Financial Sector Income tax Tax-exempt securities

To amend the Internal Revenue Code of 1986 to allow bonds guaranteed by the Federal home loan banks to be treated as tax exempt bonds.

Introduced: April 25, 2006 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 25, 2006
Referred to the House Committee on Ways and Means.
Apr 25, 2006
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow bonds guaranteed by the federal home loan banks to be treated as tax-exempt state or local bonds (thus excluding interest on such bonds from gross income).

What's happening now April 25, 2006

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1