HR 4870 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to make it easier for tax-exempt bonds to be issued to provide electric power facilities for rural areas.

Introduced 1990-05-17· Sponsored by Rep. Wilson, Charles [D-TX-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1990-05-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to make certain private business tests inapplicable to electric power facilities for rural areas with respect to tax-exempt private activity bonds.…

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