S 1963
110th Congress
Senate
Taxation
Bonds
Economics and Public Finance
Federal home loan banks
Federally-guaranteed loans
Finance and Financial Sector
Income tax
A bill 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: August 2, 2007
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 2, 2007
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10806)
Aug 2, 2007
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to allow bonds guaranteed by any federal home loan bank to be treated as tax-exempt state or local bonds (thus excluding interest on such bonds from gross income).
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10806)
Committees of jurisdiction
1