HR 4518 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude obligations issued to finance beverage container facilities from the restrictions imposed upon industrial development bonds.

Introduced 1979-06-18· Sponsored by Rep. Vander Jagt, Guy [R-MI-9]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-06-18)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to permit a tax exclusion for interest earned on industrial development bonds which are issued to finance refillable beverage container facilities.…

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