S 3101 · 97th Congress · Taxation

A bill to amend Section 103 (b) (3) of the Internal Revenue Code.

Introduced 1982-12-14· Sponsored by Sen. D'Amato, Alfonse [R-NY]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB; Treasury Department.(1982-12-17)

Plain Language Summary

[AI summary unavailable — showing source text] Provides that a State's private utility companies shall be treated as "exempt persons" when remarketing power and when using a public utility's generating facilities, for purposes of the tax exclusion of interest on industrial development bonds used to finance generating facilities.…

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