H.R. 5286 (101st): To amend the Internal Revenue Code of 1986 to increase to $25,000 the amount of a home improvement loan which may be financed with tax-exempt bonds.

Introduced:
Jul 17, 1990 (101st Congress, 1989–1990)
Sponsor:
Rep. William Frenzel [R-MN3]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


7/17/1990--Introduced.
Amends the Internal Revenue Code to increase to $25,000 (currently $15,000) the amount of a home improvement loan which may be financed with tax-exempt bonds. Provides a cost-of-living adjustment for such amount in calendar years after 1991.

House Republican Conference Summary

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House Democratic Caucus Summary

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