HR 1658 · 95th Congress · Taxation

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

Introduced 1977-01-11· Sponsored by Rep. Edwards, Jack [R-AL-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-01-11)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase from $1,000,000 to $10,000,000 the maximum size of small issues of industrial development bonds on which the interest qualifies for a tax exclusion.…

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