Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- H.R.2960
H.R.2960: To amend the Internal Revenue Code of 1986 to provide that amounts derived from Federal grants in connection with revolving funds established in accordance with the Federal Water Pollution Control Act will not be treated as investment property for purposes of section 148 of such Code.
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced Feb. 1, 1996
- Latest Major Action Feb. 1, 1996
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to exclude amounts derived from Federal grants made in connection with a revolving fund established in accordance with the Federal Water Pollution Control Act from characterization as higher yielding investments.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Feb. 1, 1996 |
Introduced in the House by Richard Zimmer (R-N.J.) |