S.1630: A bill to amend the Internal Revenue Code of 1986 to exclude certain tax-exempt financing of electric transmission facilities from the private business use test.

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about taxation
  • Introduced June 14, 2007
  • Latest Major Action June 14, 2007

Bill Summary

Amends the Internal Revenue Code to exempt, for five years after the enactment of this Act, nongovernmental operators or users of electric transmission facilities from the private business use test for tax-exempt financing of such facilities.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
June 14, 2007

Introduced in the Senate by Michael D. Crapo (R-Idaho)

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