To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Feb 13, 2018)
This bill amends the Internal Revenue Code, with respect to the requirements for tax-exempt bonds, to reinstate the exclusion from gross income for interest on certain bonds issued to advance refund another bond. The exclusion was repealed for bonds issued after 2017.
(A refunding bond is a bond used to pay principal, interest, or the redemption price on a prior bond issue. An advance refunding bond is issued more than 90 days before the redemption of the refunded bond.)
What just happenedFeb 13, 2018
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseFeb 13, 2018
- Feb 13, 2018IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Feb 13, 2018IntroReferralIntro-H
Introduced in House
- Feb 13, 2018IntroReferral1000
Introduced in House