H.R. 2941 · 109th Congress
Bond Financing Renewal Act of 2005
- Stage
- In committee
- Sponsor
- Phil English
- Introduced
- 2005-06-16
- Latest action
- 2005-06-16 · Introduced in House
Summary
Bond Financing Renewal Act of 2005 - Amends the Internal Revenue Code to: (1) accelerate to FY2007 (from FY2010) the $10 million issuance increase for qualified small-issue bonds; and (2) allow a tax deduction for interest expense on qualified small-issue bonds with an aggregate authorized face amount of less than $2 million.