Summary: H.R.5199 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for H.R.5199. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (07/24/2014)

Municipal Bond Market Support Act of 2014 - Amends Internal Revenue Code provisions relating to the small issuer exemption from interest expense allocation rules for financial institutions to: (1) permanently increase from $10 million to $30 million the annual limit on the amount of tax-exempt obligations that a small issuer may issue, and (2) allow an inflation adjustment to such increased limit amount after 2014.