HR 12473 · 93th Congress · Monuments and memorials
Eisenhower Center Bond Sinking Fund Act
Bill Progress
✓
Introduced✓
Committee3
House Vote4
Senate5
EnactedLatest: Measure failed of passage in House, roll call #151 (138-211).(1974-04-08)
Recorded Votes
FailedHouse · 1974-04-08
Yea 138Nay 211
PassedHouse · 1974-04-08
Yea 138Nay 211
Plain Language Summary
[AI summary unavailable — showing source text]
Eisenhower Center Bond Sinking Fund Act - States the purposes of, and defines the terms used in, this Act. Establishes on the books of the Treasury of the United States to the credit of the District of Columbia a bond sinking fund to be known as the Dwight D. Eisenhower Memorial Bicentennial Civic Bond Sinking Fund. States that the bond sinking fund shall be available without fiscal year limitation and shall consist of such amounts as may be, from time to time, deposited in it. Declares that amounts in the bond sinking fund shall be appropriated as provided in this Act, and in the same manner as general fund appropriations of the government of the District of Columbia, and shall be available solely for the purposes of paying the principal and interest on the general obligation bonds (or rent constituting payment of such bonds) issued to finance the Center. Provides for a one percent gross receipts tax each year, commencing July 1, 1974, which shall be in addition to any other amount of such tax, upon the gross receipts from sales or other charges for any room, lodgings, or accommodations, furnished to transients by any hotel, inn, tourist camp, tourist cabin, or any other place in …
Summarized by Claude AI · Non-partisan · For informational purposes only