To amend the Internal Revenue Code of 1986 to provide an exception for certain public-private research arrangements from the business use test for purposes of determining private activity bonds.

3.0.0 5829 2023-01-11T13:25:12Z 2023-01-11T13:25:12Z House H HR 2014-12-10 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LIPINSKI:H.R. 5829.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 and the 16th Amendment of the U.S.Constitution.[Page H9045]]]> hswm00 Ways and Means Committee House Standing Referred to 2014-12-10T15:02:25Z 2014-12-10 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2014-12-10 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-12-10 Introduced in House IntroReferral 1000 9 Library of Congress L000563 Rep. Lipinski, Daniel [D-IL-3] Daniel Lipinski D IL William 3 N Taxation Contracts and agency Income tax exclusion Public contracts and procurement Public-private cooperation Research and development Securities Tax-exempt organizations Taxation

00 2014-12-10 Introduced in House 2015-01-09T19:24:52Z Amends the Internal Revenue Code to allow a tax exemption for private activity bond interest if the proceeds from such a bond are to be used for basic research (i.e., any original investigation for the advancement of scientific knowledge not having a specific commercial objective) at a government unit, a tax-exempt charitable organization, or a private organization that has a bona-fide contractual arrangement with a government unit or tax-exempt organization.

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To amend the Internal Revenue Code of 1986 to provide an exception for certain public-private research arrangements from the business use test for purposes of determining private activity bonds. Display Title To amend the Internal Revenue Code of 1986 to provide an exception for certain public-private research arrangements from the business use test for purposes of determining private activity bonds. Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide an exception for certain public-private research arrangements from the business use test for purposes of determining private activity bonds. Introduced in House IH Introduced in House 2014-12-10T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr5829ih/xml/BILLS-113hr5829ih.xml 2014-12-10 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.