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HR 5199 113th Congress House

Municipal Bond Market Support Act of 2014

Official title: To amend the Internal Revenue Code of 1986 to permanently modify the limitations on the deduction of interest by financial institutions which hold tax-exempt bonds, and for other purposes.

Introduced: July 24, 2014 See on congress.gov
Taxation Income tax deductionsIncome tax exclusionInflation and pricesInterest, dividends, interest rates
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SecuritiesState and local financeTax-exempt organizations
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 24, 2014
Referred to the House Committee on Ways and Means.
Jul 24, 2014
Introduced in House
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 Latest action July 24, 2014

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Municipal Bond Market Support Act of 2014 - 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 the amount of tax-exempt obligations that a small issuer may issue, and (2) allow an inflation adjustment to such increased limit amount after 2014.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 2
KIND, RON
· Nov 14, 2014
Luetkemeyer, Blaine
· Nov 14, 2014
Hultgren, Randy
· Jul 24, 2014
 D
Larson, John B.
Connecticut · Jul 24, 2014
 D
Neal, Richard E.
Massachusetts · Jul 24, 2014
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5199: Municipal Bond Market Support Act of 2014. 113th Congress. Open America. https://openamerica.io/bill/113-HR-5199/
MLA
"H.R. 5199: Municipal Bond Market Support Act of 2014." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-5199/.
Bluebook (legal)
H.R. 5199, 113th Cong. (2026), https://openamerica.io/bill/113-HR-5199/.
Markdown link
[H.R. 5199: Municipal Bond Market Support Act of 2014](https://openamerica.io/bill/113-HR-5199/)
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