S. 979 (97th): A bill to amend the Internal Revenue Code of 1954 to clarify the tax exemption for interest on obligations of volunteer fire departments.

Apr 09, 1981 (97th Congress, 1981–1982)
Died (Referred to Committee)
Richard Lugar
Senator from Indiana
Related Bills
H.R. 484 (identical)

Referred to Committee
Last Action: Jan 05, 1981


This bill was introduced on April 9, 1981, in a previous session of Congress, but was not enacted.

Introduced Apr 09, 1981
Referred to Committee Apr 09, 1981

No summaries available.

2 cosponsors (2R) (show)

Senate Finance

Energy, Natural Resources, and Infrastructure

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

Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.


Get a bill status widget for your website »


Click a format for a citation suggestion:


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

We don’t have a summary available yet.

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 provide that bonds issued by a volunteer fire department to finance the acquisition, construction, reconstruction, or improvement of firefighting property shall be treated as obligations of a local government and the interest on such bonds shall be excluded from gross income.
Provides that a volunteer fire department qualifies for such tax treatment of its bonds if it:
(1) is organized and operated to provide firefighting services in an area which does not have any other firefighting services;
(2) is required by a local government to furnish firefighting services;
(3) receives over half of its funding from local government; and
(4) makes no charge for its services.

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

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

Use the comment space below for discussion of the merits of S. 979 (97th) with other GovTrack users.
Your comments are not read by Congressional staff.

comments powered by Disqus