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S. 3350

BillFederalSenateIn Committee
Municipal Bond Market Support Act of 2010
About This Bill
Committee
Latest Action · May 12, 2010
Read twice and referred to the Committee on Finance.
Congress
111th (2009–2011)
Introduced
May 12, 2010
Cosponsors (2)
0D 2R
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Summary

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Municipal Bond Market Support Act of 2010 - 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 small issuers of tax-exempt municipal bonds; and (2) allow an inflation adjustment to such increased limit amount after 2011.

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