HR 2229
114th Congress
House
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 2015
Introduced: May 1, 2015
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 1, 2015
Referred to the House Committee on Ways and Means.
May 1, 2015
Introduced in House
Plain-English summary
Municipal Bond Market Support Act of 2015
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 2015.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1