HR 3792
96th Congress
House
Taxation
Alcohol and Alcoholic Beverages
Alcohol as fuel
Gasoline
Income tax
Industrial development bonds
Interest
Motor Vehicles and Driving
Petroleum and petroleum products
Securities and Investments
Tax exclusion
A bill to amend the Internal Revenue Code of 1954 to exclude from gross income interest on industrial development bonds the proceeds of which are to be used to provide facilities for the production of alcohol for use in the production of gasohol or other fuel.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 30, 1979
Referred to House Committee on Ways and Means.
Apr 30, 1979
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to exclude from gross income interest on industrial development bonds which are sold to finance facilities for the production of alcohol for use in the production of gasohol or other fuel.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1