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- H.R.522
H.R.522: Economic Revitalization Act of 1997
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced Feb. 4, 1997
- Latest Major Action Feb. 4, 1997
Bill Sponsor
Bill Summary
Economic Revitalization Act of 1997 - Amends the Internal Revenue Code to provide a tax exemption for distressed community economic development bonds. Excepts 50 percent of such bonds from the volume cap. Allows a deduction for such bonds as qualified tax-exempt obligations.
(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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Feb. 4, 1997 |
Introduced in the House by William J. Coyne (D-Pa.) |