HR 2229 · 114th Congress · Taxation

Municipal Bond Market Support Act of 2015

Introduced 2015-05-01· Sponsored by Rep. Reed, Tom [R-NY-23]· 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.(2015-05-01)

Plain Language Summary

[AI summary unavailable — showing source text] Municipal Bond Market Support Act of 2015 Amends Internal Revenue Code provisions relating to the small issuer exemption from interest expense allocation rules for financial institutions to: (1) permanently increase from $10 million to $30 million the annual limit on the amount of tax-exempt obligations that a small issuer may issue, and (2) allow an inflation adjustment to such increased limit amount after 2015.…

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

Cosponsors (13)

7 Democrats6 Republicans
Rep. Neal, Richard E. [D-MA-1]MA
Rep. Young, Todd [R-IN-9]IN
Rep. Larson, John B. [D-CT-1]CT
Rep. Hultgren, Randy [R-IL-14]IL
Rep. Kind, Ron [D-WI-3]WI
Rep. Moore, Gwen [D-WI-4]WI
Rep. Luetkemeyer, Blaine [R-MO-3]MO
Rep. Duffy, Sean P. [R-WI-7]WI
Rep. Capuano, Michael E. [D-MA-7]MA
Rep. Emmer, Tom [R-MN-6]MN
Rep. Pascrell, Bill, Jr. [D-NJ-9]NJ
Rep. Granger, Kay [R-TX-12]TX
Rep. Hinojosa, Ruben [D-TX-15]TX