US HB5003 | 2017-2018 | 115th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 13-8)
Status: Introduced on February 13 2018 - 25% progression, died in committee
Action: 2018-02-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 13 2018 - 25% progression, died in committee
Action: 2018-02-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds. This bill amends the Internal Revenue Code, with respect to the requirements for tax-exempt bonds, to reinstate the exclusion from gross income for interest on certain bonds issued to advance refund another bond. The exclusion was repealed for bonds issued after 2017. (A refunding bond is a bond used to pay principal, interest, or the redemption price on a prior bond issue. An advance refunding bond is issued more than 90 days before the redemption of the refunded bond.)
Title
To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds.
Sponsors
Rep. Randy Hultgren [R-IL] | Rep. C.A. Ruppersberger [D-MD] | Rep. Luke Messer [R-IN] | Rep. Edward Royce [R-CA] |
Rep. Daniel Kildee [D-MI] | Rep. Michael Capuano [D-MA] | Rep. Collin Peterson [D-MN] | Rep. Darren Soto [D-FL] |
Rep. Dennis Ross [R-FL] | Rep. Julia Brownley [D-CA] | Rep. Bradley Schneider [D-IL] | Rep. Raja Krishnamoorthi [D-IL] |
Rep. Luis Correa [D-CA] | Rep. James McGovern [D-MA] | Rep. John Garamendi [D-CA] | Rep. Eleanor Norton [D-DC] |
Rep. Peter King [R-NY] | Rep. Steve Stivers [R-OH] | Rep. Daniel Donovan [R-NY] | Rep. Lee Zeldin [R-NY] |
Rep. Grace Napolitano [D-CA] |
History
Date | Chamber | Action |
---|---|---|
2018-02-13 | House | Referred to the House Committee on Ways and Means. |
2018-02-13 | House | Introduced in House |
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/house-bill/5003/all-info |
Text | https://www.congress.gov/115/bills/hr5003/BILLS-115hr5003ih.pdf |