S 870 · 107th Congress · Taxation

Multimodal Transportation Financing Act

Introduced 2001-05-10· Sponsored by Sen. Smith, Bob [R-NH]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4845-4846)(2001-05-10)

Plain Language Summary

[AI summary unavailable — showing source text] Multimodal Transportation Financing Act - Amends the Internal Revenue Code to: (1) provide for the treatment of qualified highway infrastructure project bonds as exempt facility bonds; (2) exclude mass commuting facilities from the definition of "private activity bond"; (3) modify the definition of high-speed intercity rail facilities; and (4) provide for the treatment of intermodal transfer facilities bonds as exempt facility bonds.…

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

Cosponsors (2)

2 Republicans
Sen. Inhofe, James M. [R-OK]OK
Sen. Hutchison, Kay Bailey [R-TX]TX