To amend the Internal Revenue Code of 1986 to permit interest on federally guaranteed water, wastewater, and essential community facilities loans to be tax exempt.
Last action on Apr 19, 2007Referred to the House Committee on Ways and Means.
Take Action
Summary
Amends the Internal Revenue Code to exempt from tax interest on federally-guaranteed bonds for the financing of water, wastewater, and essential community facilities.
Lifecycle of the Bill
No events recorded for this stage yet.