HR 14904 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exempt from industrial development bond treatment certain bond issues the proceeds of which are used for drydock facilities, the primary use of which is to be for repairing, inspecting, or servicing vessels.

Introduced 1976-07-28· Sponsored by Rep. Steiger, William A. [R-WI-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1976-07-28)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to grant tax exempt status to industrial development bonds the proceeds of which are used for drydock facilities, the primary purpose of which is to be for repairing, inspecting, or servicing vessels.…

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