H.R. 5154 (102nd): To amend the Internal Revenue Code of 1986 to encourage a reduction of interest rates on tax-exempt bonds by providing an incentive for qualified retirement plans to acquire tax-exempt bonds.

May 13, 1992 (102nd Congress, 1991–1992)
Died (Referred to Committee)
Charles McMillen
Representative for Maryland's 4th congressional district

This bill was introduced on May 13, 1992, in a previous session of Congress, but was not enacted.

Introduced May 13, 1992
Referred to Committee May 13, 1992

No summaries available.


House Ways and Means

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Primary Source

THOMAS.gov (The Library of Congress)

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H.R. stands for House of Representatives bill.

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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.

Amends the Internal Revenue Code to allow a tax credit for a percentage of the aggregate interest received or accrued by a retirement plan on any qualified tax-exempt bond. Defines such bond as one issued after December 31, 1992, and the interest on which is not includible in gross income other than any private activity bond and any refunding bond issued before January 1, 1993. Authorizes the payment of refunds for such tax-exempt interest collected by the Secretary of the Treasury.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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