H.R.919: To amend the Internal Revenue Code of 1986 to treat certain publicly-traded debt issued or guaranteed by Federal, State, or local governments as qualified nonrecourse financing.

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about taxation
  • Introduced Feb. 17, 2005
  • Latest Major Action Feb. 17, 2005

Bill Summary

Amends the Internal Revenue Code to qualify certain publicly-traded debt as qualified nonrecourse financing for purposes of tax rules limiting tax deductions to amounts considered at risk.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Feb. 17, 2005

Introduced in the House by Mark Adam Foley (R-Fla.)

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