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- S.1251
S.1251: A bill to amend the Internal Revenue Code of 1986 to increase the amount of private activity bonds which may be issued in each State, and to index such amount for inflation.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced Oct. 3, 1997
- Latest Major Action Oct. 3, 1997
Bill Sponsor
Bill Cosponsors
56 (30 Democrats, 27 Republicans)
Bill Summary
Amends the Internal Revenue Code to repeal the post-1987 reduction in the State ceiling on private activity bonds. Provides, beginning in 1999, for cost-of-living adjustments in the State ceiling on such bonds.
(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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Oct. 3, 1997 |
Introduced in the Senate by Alfonse M. D'Amato (R-N.Y.) |