[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 360 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 360

   To amend the Internal Revenue Code of 1986 to make permanent the 
provisions permitting tax-exempt treatment for certain qualified small 
                              issue bonds.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 5, 1993

Ms. Slaughter introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to make permanent the 
provisions permitting tax-exempt treatment for certain qualified small 
                              issue bonds.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PERMANENT EXTENSION OF TAX-EXEMPT TREATMENT FOR CERTAIN 
              QUALIFIED SMALL ISSUE BONDS.

    (a) In General.--Subparagraph (B) of section 144(a)(12) of the 
Internal Revenue Code of 1986 (relating to termination dates) is 
amended by striking all that follows clause (ii) and inserting 
``subparagraph (A) shall not apply''.
    (b) Effective Date.--The amendment made by this section shall apply 
to bonds issued after June 30, 1992.

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