H.R. 3857 · 108th Congress
Private Bonds for Modern Roads Act of 2004
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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JohnsonSponsor23 cosponsors · 2 D, 21 R
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Brady
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Burgess
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Culberson
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Hall
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Hayworth
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Herger
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Myrick
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Neal
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Paul
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Ramstad
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Sandlin
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Sessions
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Smith
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Foley
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McInnis
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Akin
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Hensarling
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Kennedy
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Crane
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Shaw
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Dunn
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Portman14 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Private Bonds for Modern Roads Act of 2004 - Amends the Internal Revenue Code to include as a tax-exempt facility bond any bond that is part of an issue 95 percent or more of the net proceeds of which are to be used to provide surface transportation facilities.
What it does: CRS summary · Introduced in House · Feb 26, 2004
Private Bonds for Modern Roads Act of 2004 - Amends the Internal Revenue Code to include as a tax-exempt facility bond any bond that is part of an issue 95 percent or more of the net proceeds of which are to be used to provide surface transportation facilities. Defines "surface transportation facilities" to mean certain highway facilities and surface freight transfer facilities. Limits the aggregate face amount of a bond issue that may be treated as tax-exempt under this Act. Exempts such bonds from the State cap on volume for private activity bonds.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Private Bonds for Modern Roads Act of 2004
Latest action (Feb 26, 2004): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Feb 26, 2004
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.