Bond Fairness and Protection Act of 1999 - Amends the Internal Revenue Code, with respect to tax-exempt bond financing of certain electric facilities, to exclude a permitted open access transaction (as defined by this Act) from the definition of private business use.
Permits, as specified, termination of tax-exempt bond financing for certain electric output facilities.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E224)
Referred to the House Committee on Ways and Means.
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