S 1630
110th Congress
Senate
Taxation
Bonds
Electric power transmission
Energy
Finance and Financial Sector
Government Operations and Politics
Income tax
A bill to amend the Internal Revenue Code of 1986 to exclude certain tax-exempt financing of electric transmission facilities from the private business use test.
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 14, 2007
Read twice and referred to the Committee on Finance.
Jun 14, 2007
Sponsor introductory remarks on measure. (CR S7748)
Jun 14, 2007
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to exempt, for five years after the enactment of this Act, nongovernmental operators or users of electric transmission facilities from the private business use test for tax-exempt financing of such facilities.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1