Legislators
Bills
Statements
Lobbying
Travel
- Bills
- S.1016
S.1016: Municipal Bond Market Support Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced May 17, 2011
- Latest Major Action May 17, 2011
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (3 Democrats, 3 Republicans)
Bill Summary
Municipal Bond Market Support Act of 2011 - Amends Internal Revenue Code provisions relating to the small issuer exemption from interest expense allocation rules for financial institutions to: (1) permanently increase from $10 million to $30 million the annual limit on the amount of tax-exempt obligations that a small issuer may issue, and (2) allow an inflation adjustment to such increased limit amount after 2011.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Sponsor introductory remarks on measure.
|
|
Read twice and referred to the Committee on Finance.
|
|
May 17, 2011 |
Introduced in the Senate by Jeff Bingaman (D-N.M.) |