H.R. 629 · 112th Congress
To amend the Internal Revenue Code of 1986 to modify the private activity bond rules to except certain uses…
Full title
To amend the Internal Revenue Code of 1986 to modify the private activity bond rules to except certain uses of intellectual property from the definition of private business use.
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
CleaverSponsorNo cosponsors.
Amends Internal Revenue Code provisions relating to tax-exempt private activity bond financing to exempt from the definition of "private business use" rights to intellectual property created by scientific research conducted by a governmental unit or tax-exempt organization.
What it does: CRS summary · Introduced in House · Feb 10, 2011
Amends Internal Revenue Code provisions relating to tax-exempt private activity bond financing to exempt from the definition of "private business use" rights to intellectual property created by scientific research conducted by a governmental unit or tax-exempt organization.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the Internal Revenue Code of 1986 to modify the private activity bond rules to except certain uses of intellectual property from the definition of private business use.
Latest action (Feb 10, 2011): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Feb 10, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.