HR 3309 · 106th Congress · Taxation

To amend the Internal Revenue Code of 1986 to modify the private activity bond rules to deter unwarranted hostile takeovers of water utilities.

Introduced 1999-11-10· Sponsored by Rep. Crane, Philip M. [R-IL-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1999-11-10)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to include as a private activity bond any bond issued to acquire a water utility or facility through governmental exercise of eminent domain. Sets forth exceptions.…

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

Cosponsors (3)

3 Republicans
Rep. Camp, Dave [R-MI-4]MI
Rep. Nussle, Jim [R-IA-2]IA
Rep. English, Phil [R-PA-21]PA