H.R.3508: To amend the Internal Revenue Code of 1986 to expand the tax benefits for the New York Liberty Zone.

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about taxation
  • Introduced Nov. 18, 2003
  • Latest Major Action Nov. 18, 2003

Bill Cosponsors

2 (2 Democrats, 1 Republican)

Bill Summary

Amends the Internal Revenue Code, as amended by the Job Creation and Worker Assistance Act of 2002, to: (1) extend, for five additional years, the Liberty bonds expiration date; (2) increase, from $1.6 billion to $3.0 billion, the amount of Liberty bonds that can be used for residential development projects; and (3) eliminate the 100,000 square foot minimum for certain electric generation facilities outside the Liberty Zone.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
Nov. 18, 2003

Introduced in the House by Amory Houghton (R-N.Y.)

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