[Congressional Record Volume 163, Number 172 (Wednesday, October 25, 2017)]
[House]
[Page H8154]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PREVENTING TAX-FREE BONDS FROM GOING TO ABORTION PROVIDERS
(Mr. PITTENGER asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. PITTENGER. Mr. Speaker, today I introduce the No Abortion Bonds
Act, to end Federal tax-exempt bonds that support abortion providers.
Under a loophole in the current law, cities, counties, and States can
issue Federal tax-free bonds to finance construction of abortion
clinics.
In 2012, the New York City government issued a tax-free $15 million
bond for a $30 million renovation of Planned Parenthood's national
headquarters, which was subsequently sold 3 years later for $60
million. In 2007, Sarasota County, Florida, floated an $8 million tax-
free bond to pay for a Planned Parenthood abortion clinic.
These tax-free bonds are intended to finance schools, hospitals,
infrastructure--not abortion clinics.
The No Abortion Bonds Act has over 30 bipartisan cosponsors and is
endorsed by Americans United for Life, Susan B. Anthony List, National
Right to Life, March for Life, the Family Policy Alliance, and the
Eagle Forum.
Please join me today in applying the spirit of the Hyde amendment to
the Tax Code by preventing tax-free bonds from going to abortion
providers.
____________________