HR 2941 · 109th Congress · Taxation
Bond Financing Renewal Act of 2005
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2005-06-16)
Plain Language Summary
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Bond Financing Renewal Act of 2005 - Amends the Internal Revenue Code to: (1) accelerate to FY2007 (from FY2010) the $10 million issuance increase for qualified small-issue bonds; and (2) allow a tax deduction for interest expense on qualified small-issue bonds with an aggregate authorized face amount of less than $2 million.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (3)
3 Republicans