S 1977 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to increase from $1,000,000 to $10,000,000 the exemption from industrial development bond treatment for certain small issues.

Introduced 1975-06-18· Sponsored by Sen. Bartlett, Dewey F. [R-OK]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1975-06-18)

Plain Language Summary

[AI summary unavailable — showing source text] Increases from $1,000,000 to $10,000,000 the amount of interest on industrial development bonds which may be excluded from gross income under the Internal Revenue Code of 1954.…

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