S. 981 — A bill to provide that section 103(h) of the Internal Revenue Code of 1954 shall not apply to any obligation issued to finance certain solid waste disposal facilities.

Summary

Amends the Internal Revenue Code to provide that an obligation issued by a State to finance a solid waste disposal facility shall not be treated as an obligation which is federally guaranteed for purposes of determining the tax-exempt status of the obligation.

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Legislative Actions

1985-04-23
Introduced in Senate
1985-04-23
Read twice and referred to the Committee on Finance.
1985-04-25
Committee on Finance requested executive comment from OMB, Treasury Department, Environmental Protection Agency.

A bill to provide that section 103(h) of the Internal Revenue Code of 1954 shall not apply to any obligation issued to finance certain solid waste disposal facilities.

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