H.R.721 - Bond Fairness and Protection Act of 1999106th Congress (1999-2000)
|Sponsor:||Rep. Hayworth, J. D. [R-AZ-6] (Introduced 02/11/1999)|
|Committees:||House - Ways and Means|
|Latest Action:||02/11/1999 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
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Summary: H.R.721 — 106th Congress (1999-2000)All Bill Information (Except Text)
Introduced in House (02/11/1999)
Bond Fairness and Protection Act of 1999 - Amends the Internal Revenue Code, with respect to tax-exempt bond financing of certain electric facilities, to exclude a permitted open access transaction (as defined by this Act) from the definition of private business use.
Permits, as specified, termination of tax-exempt bond financing for certain electric output facilities.