HR 14621 · 93th Congress · Taxation

A bill to amend section 103 (c) of the Internal Revenue Code of 1954 to increase the exemption from the industrial development bond provisions for certain small issues from $1 million to $5 million.

Introduced 1974-05-07· Sponsored by Rep. Duncan, John J. [R-TN-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-05-07)

Plain Language Summary

[AI summary unavailable — showing source text] Increases the exemption from the industrial development bond provisions for small issues from $1,000,000 to $5,000,000, under the Internal Revenue Code. (Amends 26 U.S.C. 106(c))…

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