S. 756 — A bill to amend the Internal Revenue Code of 1986 to modify the qualified small issue bond provisions.

Summary

Amends the Internal Revenue Code regarding qualified small issue bonds to: (1) increase the cap and capital expenditure amounts from $10 million to $20 million, with an inflation adjustment beginning in 2003; and (2) expand the definition of "manufacturing facility" to include certain biotech and software production.

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Legislative Actions

2003-04-01
Introduced in Senate
2003-04-01
Sponsor introductory remarks on measure. (CR S4639)
2003-04-01
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4639-4640)

A bill to amend the Internal Revenue Code of 1986 to modify the qualified small issue bond provisions.

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Summary

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