S. 880 (103rd): A bill to amend the Internal Revenue Code of 1986 to clarify the treatment of interest income and rental expense in connection with safe harbor leases involving rural electric cooperatives.

Introduced:
May 04, 1993 (103rd Congress, 1993–1994)
Status:
Died (Referred to Committee)
Sponsor
David Boren
Senator from Oklahoma
Party
Democrat
Text
Read Text »
Last Updated
May 04, 1993
Length
2 pages
Related Bills
S. 873 (102nd) was a previous version of this bill.

Referred to Committee
Last Action: Apr 18, 1991

 
Status

This bill was introduced on May 4, 1993, in a previous session of Congress, but was not enacted.

Progress
Introduced May 04, 1993
Referred to Committee May 04, 1993
 
Summary

No summaries available.

Cosponsors
2 cosponsors (1D, 1R) (show)
Committees

Senate Finance

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

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.


5/4/1993--Introduced.
Requires interest income from certain qualified leased property transactions of rural electric cooperatives to be offset by rental expenses of such transactions before allocating income or expense to members and nonmembers of such cooperatives for purposes of the accelerated cost recovery system of the Internal Revenue Code.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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