S 3350
111th Congress
Senate
Taxation
Income tax deductions
Income tax exclusion
Inflation and prices
Interest, dividends, interest rates
Securities
State and local finance
Tax-exempt organizations
Municipal Bond Market Support Act of 2010
Introduced: May 12, 2010
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 12, 2010
Read twice and referred to the Committee on Finance.
May 12, 2010
Introduced in Senate
Plain-English summary
Municipal Bond Market Support Act of 2010 - Amends Internal Revenue Code provisions relating to the small issuer exemption from interest expense allocation rules for financial institutions to: (1) permanently increase from $10 million to $30 million the annual limit on small issuers of tax-exempt municipal bonds; and (2) allow an inflation adjustment to such increased limit amount after 2011.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1