HR 5259 · 106th Congress · Taxation
Municipal Utility Reliability Act of 2000
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2000-09-21)
Plain Language Summary
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Municipal Utility Reliability Act of 2000 - Amends Internal Revenue Code provisions concerning arbitrage to exclude from the definition of "investment property" a prepayment by an issuer of bonds in order to ensure the supply of a necessary commodity to a governmental unit and a mineral production payment.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
7 Democrats13 Republicans