S 869 · 95th 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.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1977-03-03)
Plain Language Summary
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Amends the Internal Revenue Code to increase from $1,000,000 to $10,000,000 the maximum size of small issues of industrial development bands on which the interest qualifies for a tax exclusion.…
Summarized by Claude AI · Non-partisan · For informational purposes only