S 1568 · 97th Congress · Taxation

A bill relating to the application of section 103 (b) of the Internal Revenue Code of 1954 to certain bonds for harbor improvements.

Introduced 1981-07-31· Sponsored by Sen. Chiles, Lawton [D-FL]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB; Treasury Department.(1981-08-05)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to permit the exclusion from gross income of interest on certain industrial development bonds if the proceeds of such bonds are used to finance the improvement of certain existing wharf facilities.…

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