HR 726 · 106th Congress · Taxation

Taxpayer Bond Fairness Act of 1999

Introduced 1999-02-11· 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.(1999-02-11)

Plain Language Summary

[AI summary unavailable — showing source text] Taxpayer Bond Fairness Act of 1999 - 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 (2)

1 Democrat1 Republican