US SB138 | 2009-2010 | 111th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on January 6 2009 - 25% progression, died in chamber
Action: 2009-01-06 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 6 2009 - 25% progression, died in chamber
Action: 2009-01-06 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to exempt interest earned on tax-exempt private activity bonds from the alternative minimum tax (AMT) and to exclude such interest as an adjustment to current earnings for purposes of computing alternative minimum taxable income.
Title
A bill to amend the Internal Revenue Code of 1986 to repeal alternative minimum tax limitations on private activity bond interest, and for other purposes.
Sponsors
| Sen. Jeff Bingaman [D-NM] | Sen. John Kerry [D-MA] | Sen. Blanche Lincoln [D-AR] | Sen. Olympia Snowe [R-ME] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-01-06 | Read twice and referred to the Committee on Finance. | |
| 2009-01-06 | Sponsor introductory remarks on measure. (CR S115-116) |
Same As/Similar To
HB425 (Related) 2009-01-09 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/138/all-info |
| Text | https://www.congress.gov/111/bills/s138/BILLS-111s138is.pdf |
