A bill to amend the Internal Revenue Code of 1986 to exclude certain tax-exempt financing of electric transmission facilities from the private business use test.
About This Bill
Committee
Latest Action · June 14, 2007
Read twice and referred to the Committee on Finance.
Amends the Internal Revenue Code to exempt, for five years after the enactment of this Act, nongovernmental operators or users of electric transmission facilities from the private business use test for tax-exempt financing of such facilities.
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