HR 5177 · 109th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow bonds guaranteed by the Federal home loan banks to be treated as tax exempt bonds.

Introduced 2006-04-25· Sponsored by Rep. English, Phil [R-PA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2006-04-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow bonds guaranteed by the federal home loan banks to be treated as tax-exempt state or local bonds (thus excluding interest on such bonds from gross income).…

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

Cosponsors (20)

10 Democrats10 Republicans
Rep. Levin, Sander M. [D-MI-12]MI
Rep. Baker, Richard H. [R-LA-6]LA
Rep. Kanjorski, Paul E. [D-PA-11]PA
Rep. Jones, Walter B., Jr. [R-NC-3]NC
Rep. Murtha, John P. [D-PA-12]PA
Rep. Hart, Melissa A. [R-PA-4]PA
Rep. Holden, Tim [D-PA-17]PA
Rep. Rahall, Nick J., II [D-WV-3]WV
Rep. Ryun, Jim [R-KS-2]KS
Rep. Linder, John [R-GA-7]GA
Rep. Gerlach, Jim [R-PA-6]PA
Rep. Mollohan, Alan B. [D-WV-1]WV
Rep. Fattah, Chaka [D-PA-2]PA
Rep. Bachus, Spencer [R-AL-6]AL
Rep. Schwartz, Allyson Y. [D-PA-13]PA
Rep. Pryce, Deborah [R-OH-15]OH
Rep. Gillmor, Paul E. [R-OH-5]OH
Rep. Scott, David [D-GA-13]GA
Rep. Sessions, Pete [R-TX-32]TX
Rep. Doyle, Michael F. [D-PA-14]PA