H.R. 7462 — A bill to amend the Internal Revenue Code of 1954 to permit the use of tax-exempt bonds to finance railroad facilities.

Summary

Amends the Internal Revenue Code to permit the use of tax-exempt industrial development bonds, issued as the obligation of a State, to finance railroad facilities.

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Legislative Actions

1980-05-29
Introduced in House
1980-05-29
Introduced in House
1980-05-29
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to permit the use of tax-exempt bonds to finance railroad facilities.

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