HR 928 · 103th Congress · Taxation
To amend the Internal Revenue Code of 1986 to provide a full exemption from the volume cap on private activity bonds for bonds used to finance high-speed intercity rail facilities.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: See H.R.2264.(1993-08-10)
Plain Language Summary
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Amends the Internal Revenue Code to provide a complete tax exemption (currently a 75 percent tax exemption) for bonds used to finance high-speed intercity rail facilities.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (15)
12 Democrats3 Republicans