A bill to amend the Internal Revenue Code of 1954 with respect to the treatment of interest on bonds sold to finance the construction of hydroelectric facilities.
Hydropower Development Act of 1980 - Amends the Internal Revenue Code to extend the tax exclusion for interest on industrial development bonds financing publicly-owned hydroelectric generating facilities to interest on bonds which finance any such facility, whether or not publicly-owned.
Introduced in Senate
Referred to Senate Committee on Finance.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line