S.386 - Bond Fairness and Protection Act of 1999106th Congress (1999-2000)
|Sponsor:||Sen. Gorton, Slade [R-WA] (Introduced 02/06/1999)|
|Committees:||Senate - Finance|
|Latest Action:||07/27/2000 Sponsor introductory remarks on measure. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
Summary: S.386 — 106th Congress (1999-2000)All Information (Except Text)
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.