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- H.R.1665
H.R.1665: To amend the Internal Revenue Code of 1986 to increase the small issuer exemption from pro rata allocation of interest expense of financial institutions to tax-exempt interest.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced May 20, 1997
- Latest Major Action May 20, 1997
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (4 Democrats, 2 Republicans)
Bill Summary
Amends the Internal Revenue Code to increase the small issuer exemption from pro rata allocation of interest expense of financial institutions to tax-exempt interest.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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May 20, 1997 |
Introduced in the House by John D. Hayworth (R-Ariz.) |