3.0.0 773 2023-01-11T13:36:11Z 2023-01-11T13:36:11Z Senate S 2017-03-29 115 ssfi00 Finance Committee Senate Standing Referred to 2017-03-29T22:04:19Z Modernizing American Manufacturing Bonds Act 115 1115 HR 2017-02-16 Referred to the House Committee on Ways and Means. Identical bill CRS 2017-03-29 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2017-03-29 Introduced in Senate IntroReferral 10000 9 Library of Congress B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH N P000612 Sen. Perdue, David [R-GA] David Perdue R GA Alfred 2017-03-29 True Taxation Income tax exclusion Industrial facilities Manufacturing Securities Taxation 00 2017-03-29 Introduced in Senate 2017-04-07T17:15:57Z Modernizing American Manufacturing Bonds Act

This bill amends the Internal Revenue Code, with respect to qualified small issue bonds for manufacturing purposes, to expand the definition of "manufacturing facility" to include a facility that: (1) is used in the creation or production of intangible property; or (2) is functionally related, subordinate to, and located on the same site as a facility used in the manufacturing or production of tangible personal property or in the creation or production of intangible property. The bill also increases from $10 million to $30 million the maximum bond limitation.

]]> Modernizing American Manufacturing Bonds Act Display Title Modernizing American Manufacturing Bonds Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to modify certain rules applicable to qualified small issue manufacturing bonds. Introduced in Senate IS Short Titles as Introduced Modernizing American Manufacturing Bonds Act Introduced in Senate 2017-03-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s773is/xml/BILLS-115s773is.xml 2017-03-29 Read twice and referred to the Committee on Finance. 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.