Summary: H.R.5035 — 100th Congress (1987-1988)All Information (Except Text)

There is one summary for H.R.5035. Bill summaries are authored by CRS.

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Introduced in House (07/13/1988)

Permits the legalization, ratification, or confirmation of certain State taxes imposed before July 5, 1983, on commercial bank and trust company investments, notwithstanding Federal law exempting U.S. obligations from State or local taxation.