H.R. 12372 — A bill to amend the Internal Revenue Code of 1954 to increase from $1 million to $10 million the exemption from industrial development bond treatment for certain small issues.

Summary

Amends the Internal Revenue Code to increase from $1,000,000 to $10,000,000 the exemption from industrial development bond treatment for qualified small issues, which exempts the interest paid on such bond issues from Federal taxation.

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Related Legislation

H.R. 12681A bill to amend the Internal Revenue Code of 1954 to increase from $1 million to $10 million the exemption from industrial development bond treatment for certain small issues.
1976-03-22Referred to House Committee on Ways and Means.
Related
H.R. 13566A bill to amend the Internal Revenue Code of 1954 to increase from $1 million to ?10 million the exemption from industrial development bond treatment for certain small issues.
1976-05-05Referred to House Committee on Ways and Means.
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Legislative Actions

1976-03-09
Introduced in House
1976-03-09
Introduced in House
1976-03-09
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to increase from $1 million to $10 million the exemption from industrial development bond treatment for certain small issues.

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