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- H.R.1421
H.R.1421: Tribal Government Tax-Exempt Bond Fairness Act of 2003
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced March 25, 2003
- Latest Major Action March 25, 2003
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
30 (19 Democrats, 12 Republicans)
Bill Summary
Tribal Government Tax-Exempt Bond Fairness Act of 2003 - Amends the Internal Revenue Code to permit the issuance of tax-exempt bonds by an Indian tribal government if: (1) at least 95 percent of the net proceeds are used to finance facilities on an Indian reservation; or (2) the obligation is part of an issue substantially all of whose proceeds are to be used in the exercise of an essential government function. Excludes an obligation used to...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| March 25, 2003 |
Introduced in the House by Dave Camp (R-Mich.) |