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- S.870
S.870: Multimodal Transportation Financing Act
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced May 10, 2001
- Latest Major Action May 10, 2001
Bill Sponsor
Bill Summary
Multimodal Transportation Financing Act - Amends the Internal Revenue Code to: (1) provide for the treatment of qualified highway infrastructure project bonds as exempt facility bonds; (2) exclude mass commuting facilities from the definition of "private activity bond"; (3) modify the definition of high-speed intercity rail facilities; and (4) provide for the treatment of intermodal transfer facilities bonds as exempt facility 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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| May 10, 2001 |
Introduced in the Senate by Bob Smith (R-N.H.) |