Summary: S.3657 — 109th Congress (2005-2006)All Information (Except Text)

There is one summary for S.3657. Bill summaries are authored by CRS.

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Introduced in Senate (07/13/2006)

Amends the Internal Revenue Code to allow bonds guaranteed by the federal home loan banks to be treated as tax-exempt state or local bonds (thus excluding interest on such bonds from gross income).