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- H.R.425
H.R.425: To amend the Internal Revenue Code of 1986 to prevent the alternative minimum tax from effectively repealing the Federal tax exemption for interest on State and local private activity bonds.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Jan. 9, 2009
- Latest Major Action Jan. 9, 2009
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Internal Revenue Code to eliminate tax-exempt interest earned on private activity bonds as an item of tax preference for purposes of calculating the alternative minimum tax.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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Jan. 9, 2009 |
Introduced in the House by Richard E. Neal (D-Mass.) |