Summary: S.386 — 106th Congress (1999-2000)All Information (Except Text)

There is one summary for S.386. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (02/06/1999)

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.