Bill114th CongressFiled May 1, 2015Taxation
H.R. 2229
Municipal Bond Market Support Act of 2015
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary 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.
What just happenedMay 1, 2015
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Reed, Tom [R-NY-23](R-NY)Sponsor
13 cosponsors7 D6 R
13cosponsors1committees3actions1related bills7subjects
- Introduced in HouseMay 1, 2015
- May 1, 2015IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - May 1, 2015IntroReferralIntro-H
Introduced in House
- May 1, 2015IntroReferral1000
Introduced in House