HR 3258
99th Congress
House
Taxation
Finance and Financial Sector
Foreign Trade and Investments
Government securities
Income tax
Interest
Israel
Securities and Investments
Tax administration
A bill to amend the Internal Revenue Code of 1954 to provide that the treatment of loans with below-market interest rates shall not apply to obligations issued by the Government of Israel.
Introduced: September 10, 1985
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 10, 1985
Referred to House Committee on Ways and Means.
Sep 10, 1985
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to provide that the tax treatment of loans with below market interest rates (i.e. the imputed interest rules) shall not apply to any obligation issued by the State of Israel.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1