To amend the Internal Revenue Code of 1986 to prevent the alternative minimum tax from effectively repealing the Federal tax exemption for interest on State and local private activity bonds.

Summary

Official

Amends the Internal Revenue Code to eliminate tax-exempt interest earned on private activity bonds as an item of tax preference for purposes of calculating the alternative minimum tax.

How would you vote on this bill?

Yes No

Bill Progress

Bill has been introduced and assigned a number

Introduced(1/9/09)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. Neal

House (D) Massachusetts – 1

Cosponsors (1)

RYAN

(R) WI

Topics

Business & Finance

Latest Action

Referred to the House Committee on Ways and Means.

Jan 9, 2009

View Bill on Congress.gov