H.R. 2714 — To amend the Internal Revenue Code of 1986 to disregard certain amounts of capital expenditures in applying $10,000,000 limit on such issues.

Summary

Amends the Internal Revenue Code to disregard $10 million of capital expenditures in applying the $10 million limitation on the face amount of qualified small issue bonds.

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Legislative Actions

1997-10-23
Introduced in House
1997-10-23
Introduced in House
1997-10-23
Sponsor introductory remarks on measure. (CR E2072)
1997-10-23
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to disregard certain amounts of capital expenditures in applying $10,000,000 limit on such issues.

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