3.0.0 1197 2022-11-15T16:35:14Z 2022-11-15T16:35:14Z House H HR 2013-03-14 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. ROSS:H.R. 1197.Congress has the power to enact this legislation pursuantto the following:Clause 3 of Section 8 of the Constitution[Page H1429]]]> hswm00 Ways and Means Committee House Standing Referred to 2013-03-14T14:00:39Z 2013-03-14 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-03-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-03-14 Introduced in House IntroReferral 1000 9 Library of Congress R000593 Rep. Ross, Dennis A. [R-FL-15] Dennis Ross R FL A. 15 N Taxation Electric power generation and transmission Financial services and investments Income tax exclusion Public utilities and utility rates Securities State and local finance Water use and supply Taxation

00 2013-03-14 Introduced in House 2013-04-25T20:56:56Z Provides that bond arbitrage requirements shall not apply to an issue of bonds that were partially defeased (made void) if: (1) such bonds are redeemed by the governmental issuer within 90 days of the sale of the escrow securities, and (2) any net profit remaining after the proceeds of the sale of the escrow securities have been applied to such redemption is used by the issuer for an essential governmental function within 12 months of such redemption. Makes this waiver applicable to bonds issued on January 4, 1990, that were partially defeased on July 19, 1996, with revenues of a municipally-owned electric and water system.

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Display Title Official Title as Introduced Introduced in House 2013-03-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr1197ih/xml/BILLS-113hr1197ih.xml 2013-03-14 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.