HR 919 · 109th Congress · Taxation

To amend the Internal Revenue Code of 1986 to treat certain publicly-traded debt issued or guaranteed by Federal, State, or local governments as qualified nonrecourse financing.

Introduced 2005-02-17· Sponsored by Rep. Foley, Mark [R-FL-16]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-02-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to qualify certain publicly-traded debt as qualified nonrecourse financing for purposes of tax rules limiting tax deductions to amounts considered at risk.…

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