H.R. 12302 — A bill to amend the Internal Revenue Code of 1954 to provide an exclusion from gross income for the interest on certain governmental obligations the proceeds of which are used to provide hospital facilities.

Summary

Amends the Internal Revenue Code to allow the exclusion from gross income of interest on industrial development bonds, the proceeds of which are for the tax exempt activity of providing hospital facilities.

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Related Legislation

H.R. 11433A bill to amend the Internal Revenue Code of 1954 to provide an exclusion from gross income for the interest on certain governmental obligations the proceeds of which are used to provide hospital facilities.
1976-01-21Referred to House Committee on Ways and Means.
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Legislative Actions

1976-03-04
Introduced in House
1976-03-04
Introduced in House
1976-03-04
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to provide an exclusion from gross income for the interest on certain governmental obligations the proceeds of which are used to provide hospital facilities.

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