H.R. 7021 — A bill to amend the Internal Revenue Code of 1954 to increase from $1 million to $10 million the exemption from industrial and development bond treatment for certain small issues.

Summary

Increases from $1,000,000 to $10,000,000 the amount of interest on industrial development bonds which may be excluded from gross income under the Internal Revenue Code of 1954.

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Related Legislation

H.R. 3580A 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.
1975-02-24Referred to House Committee on Ways and Means.
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Legislative Actions

1975-05-15
Introduced in House
1975-05-15
Introduced in House
1975-05-15
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 and development bond treatment for certain small issues.

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