S 2536 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income the interest paid on certain industrial development bonds.

Introduced 1975-10-20· Sponsored by Sen. Hathaway, William D. [D-ME]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1975-10-20)

Plain Language Summary

[AI summary unavailable — showing source text] Excludes from gross income under the Internal Revenue Code the interest paid on qualified industrial development bonds if the land or property is located in a redevelopment area designated by the Secretary of Commerce under the Public Works and Economic Development Act.…

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