HR 6031 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exempt from treatment as an industrial development bond certain bond issues the proceeds of which are used for facilities for the furnishing of water and hydroelectric energy, or either.

Introduced 1977-04-05· Sponsored by Rep. McFall, John J. [D-CA-14]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-04-05)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an income tax exclusion for the interest on governmental bonds the proceeds of which are used for facilities to furnish hydroelectric energy.…

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

Cosponsors (1)

1 Democrat
Rep. Sisk, B. F. [D-CA-15]CA