HR 2714 · 105th Congress · Taxation

To amend the Internal Revenue Code of 1986 to disregard certain amounts of capital expenditures in applying $10,000,000 limit on such issues.

Introduced 1997-10-23· Sponsored by Rep. Houghton, Amo [R-NY-31]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1997-10-23)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to disregard $10 million of capital expenditures in applying the $10 million limitation on the face amount of qualified small issue bonds.…

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

Cosponsors (19)

14 Democrats5 Republicans
Rep. English, Phil [R-PA-21]PA
Rep. Neal, Richard E. [D-MA-2]MA
Rep. Frost, Martin [D-TX-24]TX
Rep. Berman, Howard L. [D-CA-26]CA
Rep. Gejdenson, Sam [D-CT-2]CT
Rep. Shays, Christopher [R-CT-4]CT
Rep. Bilbray, Brian P. [R-CA-49]CA
Rep. Paxon, Bill [R-NY-27]NY
Rep. Coyne, William J. [D-PA-14]PA
Rep. Olver, John W. [D-MA-1]MA
Rep. Evans, Lane [D-IL-17]IL
Rep. Fattah, Chaka [D-PA-2]PA
Rep. Snyder, Vic [D-AR-2]AR
Rep. Holden, Tim [D-PA-6]PA
Rep. Kennelly, Barbara B. [D-CT-1]CT
Rep. Gibbons, Jim [R-NV-2]NV
Rep. Furse, Elizabeth [D-OR-1]OR
Rep. Allen, Thomas H. [D-ME-1]ME
Rep. Doyle, Michael F. [D-PA-18]PA