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H.R. 5199

BillFederalHouseIn Committee
Municipal Bond Market Support Act of 2014
About This Bill
Committee
Latest Action · July 24, 2014
Referred to the House Committee on Ways and Means.
Congress
113th (2013–2015)
Introduced
July 24, 2014
Cosponsors (5)
3D 2R
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Summary

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Municipal Bond Market Support Act of 2014 - 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 2014.

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