Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.2885
S.2885: A bill to amend the Internal Revenue Code of 1986 to expand the availability of industrial development bonds to facilities manufacturing intangible property.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced April 17, 2008
- Latest Major Action April 17, 2008
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (3 Democrats, 3 Republicans)
Bill Summary
Amends the Internal Revenue Code to: (1) qualify manufacturing facilities that create intangible property for tax-exempt bond financing; and (2) revise the definition of "manufacturing facility" for purposes of certain limitations on tax-exempt bond financing to include facilities which are functionally related and subordinate to a manufacturing facility.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Sponsor introductory remarks on measure.
|
|
|
Read twice and referred to the Committee on Finance.
|
|
| April 17, 2008 |
Introduced in the Senate by Olympia J. Snowe (R-Maine) |