S 756 · 108th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to modify the qualified small issue bond provisions.

Introduced 2003-04-01· Sponsored by Sen. Thomas, Craig [R-WY]· 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 S4639-4640)(2003-04-01)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code regarding qualified small issue bonds to: (1) increase the cap and capital expenditure amounts from $10 million to $20 million, with an inflation adjustment beginning in 2003; and (2) expand the definition of "manufacturing facility" to include certain biotech and software production.…

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

Cosponsors (7)

2 Democrats5 Republicans