Amends the Internal Revenue Code to permit the exclusion from gross income of interest on industrial development refunding bonds which meet specified conditions.
Introduced in Senate
Read second time and referred to Senate Committee on Finance.
Subcommittee on Taxation and Debt Management took the following actions.
Committee on Finance requested executive comment from OMB; Treasury Department.
Subcommittee on Taxation and Debt Management. Hearings held.
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