H.R. 2229 · 114th Congress
Municipal Bond Market Support Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
ReedSponsor13 cosponsors · 7 D, 6 R
R
Hultgren
RK
D
Kind
JL
D
Larson
RN
D
Neal
TY
R
Young
BL
R
Luetkemeyer
GM
D
Moore
SD
R
Duffy
MC
D
Capuano
TE
R
Emmer
BP
D
Pascrell
KG
R
Granger
RH
D
Hinojosa5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Amends Internal Revenue Code provisions relating to the small issuer exemption from interest expense allocation rules for financial institutions to: (1) permanently increase from $10 million to $30 million the annual limit on the amount of tax-exempt obligations that a small issuer may issue, and (2) allow an inflation adjustment to such increased limit…
What it does: CRS summary · Introduced in House · May 1, 2015
Municipal Bond Market Support Act of 2015
Amends Internal Revenue Code provisions relating to the small issuer exemption from interest expense allocation rules for financial institutions to: (1) permanently increase from $10 million to $30 million the annual limit on the amount of tax-exempt obligations that a small issuer may issue, and (2) allow an inflation adjustment to such increased limit amount after 2015.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Municipal Bond Market Support Act of 2015
Latest action (May 1, 2015): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: May 1, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.