Summary: H.R.5829 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for H.R.5829. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (12/10/2014)

Amends the Internal Revenue Code to allow a tax exemption for private activity bond interest if the proceeds from such a bond are to be used for basic research (i.e., any original investigation for the advancement of scientific knowledge not having a specific commercial objective) at a government unit, a tax-exempt charitable organization, or a private organization that has a bona-fide contractual arrangement with a government unit or tax-exempt organization.