Summary: S.1290 — 108th Congress (2003-2004)All Information (Except Text)

There is one summary for S.1290. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (06/19/2003)

Permits one additional advance refunding of certain tax-exempt bonds, of which the net proceeds are used to finance the costs of electric generation, transmission, or distribution assets owned by the issuer or by a consortium of State or local governments which includes the issuer. Sets certain conditions the bonds must meet to qualify for the advance refunding.