H.R. 919 · 109th Congress
To amend the Internal Revenue Code of 1986 to treat certain publicly-traded debt issued or guaranteed by Federal, State, or local governments as qualified nonrecourse financing.
- Stage
- In committee
- Sponsor
- Mark Foley
- Introduced
- 2005-02-17
- Latest action
- 2005-02-17 · Introduced in House
Summary
Amends the Internal Revenue Code to qualify certain publicly-traded debt as qualified nonrecourse financing for purposes of tax rules limiting tax deductions to amounts considered at risk.