HR 7336 · 110th Congress · Taxation

To amend the Internal Revenue Code of 1986 to prevent the alternative minimum tax from effectively repealing the Federal tax exemption for interest on State and local private activity bonds.

Introduced 2008-12-10· Sponsored by Rep. Neal, Richard E. [D-MA-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2008-12-10)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to eliminate tax-exempt interest earned on private activity bonds as an item of tax preference for purposes of calculating the alternative minimum tax.…

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