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  <bill>
    <number>5319</number>
    <updateDate>2023-01-11T13:25:53Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:25:53Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2014-07-31</introducedDate>
    <congress>113</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. HULTGREN:H.R. 5319.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3, as this legislationregulates commerce between the states.Article I, Section 8, Clause 18, providing Congress withthe authority to enact legislation necessary to execute oneof its enumerated powers, such as Article I, Section 8,Clause 3.[Page H7186]</pre>]]></constitutionalAuthorityStatementText>
    <committees>
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        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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            <name>Referred to</name>
            <date>2014-07-31T13:09:10Z</date>
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    <actions>
      <item>
        <actionDate>2014-07-31</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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        <actionDate>2014-07-31</actionDate>
        <text>Introduced in House</text>
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          <name>Library of Congress</name>
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        <actionDate>2014-07-31</actionDate>
        <text>Introduced in House</text>
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    <sponsors>
      <item>
        <bioguideId>H001059</bioguideId>
        <fullName>Rep. Hultgren, Randy [R-IL-14]</fullName>
        <firstName>Randy</firstName>
        <lastName>Hultgren</lastName>
        <party>R</party>
        <state>IL</state>
        <district>14</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>N000015</bioguideId>
        <fullName>Rep. Neal, Richard E. [D-MA-1]</fullName>
        <firstName>RICHARD</firstName>
        <lastName>NEAL</lastName>
        <party>D</party>
        <state>MA</state>
        <middleName>E.</middleName>
        <district>1</district>
        <sponsorshipDate>2014-07-31</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Income tax exclusion</name>
        </item>
        <item>
          <name>Industrial facilities</name>
        </item>
        <item>
          <name>Manufacturing</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2014-07-31</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2014-09-26T18:21:03Z</updateDate>
        <text><![CDATA[ <p>Modernizing American Manufacturing Bonds Act - Amends the Internal Revenue Code, with respect to qualified small issue bonds for manufacturing purposes, to: (1) expand the definition of &quot;manufacturing facility&quot; to include a facility which is used in the creation or production of intangible property and which is functionally related and subordinate to a facility located on the same site and financed with not more than 25% of bond proceeds, and (2) increase from $10 million to $30 million the maximum bond limitation.</p>]]></text>
      </summary>
    </summaries>
    <title>Modernizing American Manufacturing Bonds Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Modernizing American Manufacturing Bonds Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to modify certain rules applicable to qualified small issue manufacturing bonds.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Modernizing American Manufacturing Bonds Act</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2014-07-31T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-113hr5319ih/xml/BILLS-113hr5319ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2014-07-31</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
    </latestAction>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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