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- S.660
S.660: Tribal Government Tax-Exempt Bond Authority Amendments Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced March 29, 2001
- Latest Major Action March 29, 2001
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (3 Democrats, 1 Republican)
Bill Summary
Tribal Government Tax-Exempt Bond Authority Amendments Act of 2001 - Amends the Internal Revenue Code to permit the issuance of tax-exempt bonds by an Indian tribal government if at least 95 percent of the net proceeds are used to finance tribal facilities. Provides for the tax-exempt treatment of any private activity bond issued by an Indian tribal government or subdivision as a qualified bond. Prescribes specific ownership restrictions and...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| March 29, 2001 |
Introduced in the Senate by John McCain (R-Ariz.) |