HR 4114 · 100th Congress · Taxation

Community Ratepayer Protection Act of 1988

Introduced 1988-03-09· Sponsored by Rep. Hayes, Charles A. [D-IL-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1988-03-09)

Plain Language Summary

[AI summary unavailable — showing source text] Community Ratepayer Protection Act of 1988 - Amends the Internal Revenue Code to repeal provisions that tax bonds issued as part of an issue if the amount of the proceeds to be used to acquire nongovernmental output property exceeds the lesser of five percent or $5,000,000. (Output property includes such facilities as electric generating and transmission systems and gas distribution systems.)…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (17)

15 Democrats2 Republicans