S. 3370 — A bill to suspend certain Treasury Department and Internal Revenue Service action dealing with state and local financing.

Summary

Prohibits the issuance of any proposed or final regulations pertaining to arbitrage or industrial development bonds between August 1, 1978, and December 31, 1979. Invalidates certain Department of the Treasury regulations pertaining to arbitrage and industrial development bonds.

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1978-08-02
Introduced in Senate
1978-08-02
Referred to Senate Committee on Finance.

A bill to suspend certain Treasury Department and Internal Revenue Service action dealing with state and local financing.

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