S. 2626 — A bill to amend the Internal Revenue Code of 1986 to improve access to tax-exempt debt for small non-profit health care and educational institutions.

Summary

Amends the Internal Revenue Code to allow a small tax-exempt bond issuer, the proceeds of the obligations of which are to be used to make or finance eligible loans for health care or educational purposes, to elect to apply specified current limitations on the amount of obligations by treating each borrower as the issuer of a separate issue.

Full Text

Legislative Actions

2000-05-24
Introduced in Senate
2000-05-24
Sponsor introductory remarks on measure. (CR S4390)
2000-05-24
Read twice and referred to the Committee on Finance.

A bill to amend the Internal Revenue Code of 1986 to improve access to tax-exempt debt for small non-profit health care and educational institutions.

Sponsors

Subjects

Summary

Full Text

Legislative Actions

Ask about this bill