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- S.158
S.158: 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 111th Congress
- This bill is primarily about taxation
- Introduced Jan. 6, 2009
- Latest Major Action Jan. 6, 2009
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (3 Democrats, 1 Republican)
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 |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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Jan. 6, 2009 |
Introduced in the Senate by Olympia J. Snowe (R-Maine) |