SRES 242 · 99th Congress · Taxation

A resolution to express the sense of the Senate that Congress should not change the Federal income tax treatment of State and local debt obligations.

Introduced 1985-10-22· Sponsored by Sen. Mattingly, Mack [R-GA]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB, Treasury Department.(1985-10-24)

Plain Language Summary

[AI summary unavailable — showing source text] Expresses the sense of the Senate that the Congress should not adopt additional statutory changes which will further curtail the issuance by units of State and local governments of obligations which are tax-exempt under Federal income tax law.…

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

Cosponsors (2)

1 Democrat1 Republican
Sen. Dixon, Alan J. [D-IL]IL
Sen. Cochran, Thad [R-MS]MS