To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds.
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Referred to the House Committee on Ways and Means.
This bill amends the Internal Revenue Code, with respect to the requirements for tax-exempt bonds, to reinstate the exclusion from gross income for interest on certain bonds issued to advance refund another bond. The exclusion was repealed for bonds issued after 2017.
(A refunding bond is a bond used to pay principal, interest, or the redemption price on a prior bond issue. An advance refunding bond is issued more than 90 days before the redemption of the refunded bond.)
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 5003: To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds.. 115th Congress. Open America. https://openamerica.io/bill/115-HR-5003/
"H.R. 5003: To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds.." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-5003/.
H.R. 5003, 115th Cong. (2026), https://openamerica.io/bill/115-HR-5003/.
[H.R. 5003: To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds.](https://openamerica.io/bill/115-HR-5003/)