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- H.R.1080
H.R.1080: HBCU Investment Expansion Act
About This Bill
- Introduced Feb. 15, 2017
- Latest Major Action Feb. 15, 2017
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (All Democrats)
Bill Version
- Introduced in House - Feb. 15, 2017
Bill Summary
HBCU Investment Expansion Act This bill amends the Securities Act of 1933 to exempt qualified 501(c)(3) bonds issued after the enactment of this bill on behalf of a historically black college or university from state and local taxes. The bill also amends the Internal Revenue Code to allow a tax credit for jurisdictions that forgo taxes with respect to the interest payments under such a bond. The credit is equal to the total amount of...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Feb. 15, 2017 |
Referred to House Financial Services
|
Feb. 15, 2017 |
Referred to House Ways and Means
|
Feb. 15, 2017 |
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
|
Feb. 15, 2017 |
Introduced in the House by Keith Ellison (D-Minn.) |