S 386 · 106th Congress · Taxation

Bond Fairness and Protection Act of 1999

Introduced 1999-02-06· Sponsored by Sen. Gorton, Slade [R-WA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR S7864)(2000-07-27)

Plain Language Summary

[AI summary unavailable — showing source text] Bond Fairness and Protection Act of 1999 - Amends the Internal Revenue Code, with respect to tax-exempt bond financing of certain electric facilities, to exclude a permitted open access transaction (as defined by this Act) from the definition of private business use. Permits, as specified, termination of tax-exempt bond financing for certain electric output facilities.…

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

Cosponsors (20)

11 Democrats9 Republicans