HR 934 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to increase the exception from the arbitrage rebate requirements for small governmental units.

Introduced 1989-02-09· Sponsored by Rep. Dymally, Mervyn M. [D-CA-31]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1989-02-09)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to raise from $5,000,000 to $10,000,000 the threshold amount of tax-exempt bonds that a small governmental unit may issue and still remain within the exception from arbitrage rebate requirements.…

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