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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
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This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) 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
Sep 10, 1985
Referred to House Committee on Ways and Means.
Sep 10, 1985
Introduced in House
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 Plain-English summary Congressional Research Service

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 September 10, 1985

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Schumer, Charles E.
New York · Oct 11, 1985
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3258: 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.. 99th Congress. Open America. https://openamerica.io/bill/99-HR-3258/
MLA
"H.R. 3258: 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.." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-HR-3258/.
Bluebook (legal)
H.R. 3258, 99th Cong. (2026), https://openamerica.io/bill/99-HR-3258/.
Markdown link
[H.R. 3258: 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.](https://openamerica.io/bill/99-HR-3258/)
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