H.R.5189: Municipal Finance Improvements Act of 2010

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about taxation
  • Introduced April 29, 2010
  • Latest Major Action April 29, 2010

Bill Cosponsors

3 (2 Democrats, 1 Republican)

Bill Summary

Municipal Finance Improvements Act of 2010 - Amends the Internal Revenue Code to require the issuer of a tax-exempt state or local bond to obtain an optimal bond financing certification. Defines "optimal bond financing certification" as a written statement by an independent qualified financial advisor that the issuance fees and aggregate interest cost to the bond issuer are reasonable without materially increasing the risks to the issuer or...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
April 29, 2010

Introduced in the House by Maurice D. Hinchey (D-N.Y.)

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