3.0.0 5189 2023-01-11T13:16:03Z 2023-01-11T13:16:03Z House H HR 2010-04-29 111 hswm00 Ways and Means Committee House Standing Referred to 2010-04-29T14:01:49Z 2010-04-29 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-04-29 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-04-29 Introduced in House IntroReferral 1000 9 Library of Congress H000627 Rep. Hinchey, Maurice D. [D-NY-22] MAURICE HINCHEY D NY D. 22 N H001039 Rep. Hall, John J. [D-NY-19] John Hall D NY J. 19 2010-06-15 False F000116 Rep. Filner, Bob [D-CA-51] BOB FILNER D CA 51 2010-06-15 False M000689 Rep. Mica, John L. [R-FL-7] JOHN MICA R FL L. 7 2010-06-15 False Taxation Income tax credits Income tax exclusion Securities State and local finance Taxation 00 2010-04-29 Introduced in House 2010-06-10T15:16:48Z Municipal Finance Improvements Act of 2010 - Amends the Internal Revenue Code to require the issuer of a tax-exempt state or local bond to obtain an optimal bond financing certification. Defines "optimal bond financing certification" as a written statement by an independent qualified financial advisor that the issuance fees and aggregate interest cost to the bond issuer are reasonable without materially increasing the risks to the issuer or bond obligors.

Allows a tax credit for small issuers of tax-exempt bonds. Defines a "small issuer" as any issuer of tax-exempt bonds with an aggregate face value not exceeding $50 million in a calendar year.

]]> Municipal Finance Improvements Act of 2010 Display Title Municipal Finance Improvements Act of 2010 Official Title as Introduced To amend the Internal Revenue Code of 1986 to require that the issuer of a tax-exempt State or local obligation obtain a certification that the interest rate with respect to such obligation is reasonable without materially increasing the risks associated with the obligation. Introduced in House IH Short Titles as Introduced Municipal Finance Improvements Act of 2010 Introduced in House 2010-04-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr5189ih/xml/BILLS-111hr5189ih.xml 2010-04-29 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.