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- S.1676
S.1676: A bill to permit the current refunding of certain tax-exempt bonds.
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced April 16, 1996
- Latest Major Action April 16, 1996
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Revenue Act of 1987, with respect to tax-exempt bonds issued by Indian tribal governments, to declare that certain Internal Revenue Code provisions concerning such obligations shall not apply if: (1) such obligation is issued to refund an obligation issued on or before such date; (2) the average maturity date of issue is not later than the average maturity date of the obligation to be refunded by such issue; (3) the amount of the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| April 16, 1996 |
Introduced in the Senate by Lauch Faircloth (R-N.C.) |