HR 3801 · 104th Congress · Taxation

Taxpayer Bond Fairness Act of 1996

Introduced 1996-07-12· Sponsored by Rep. Kleczka, Gerald D. [D-WI-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1996-07-12)

Plain Language Summary

[AI summary unavailable — showing source text] Taxpayer Bond Fairness Act of 1996 - Amends the Internal Revenue Code to: (1) treat recreational fitness services provided by tax-exempt hospitals to non-staff or in non-therapy circumstances as an unrelated trade or business; and (2) deny tax-exempt bond financing for issues used to provide facilities for such services.…

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

Cosponsors (1)

1 Republican
Rep. Sensenbrenner, F. James, Jr. [R-WI-9]WI