HR 4114 · 100th Congress · Taxation
Community Ratepayer Protection Act of 1988
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: 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