Search Results: keywords:"bond issuance limits"

  • H. R. 2660 — To amend the Internal Revenue Code of 1986 to exempt qualified student loan bonds from the volume cap and the alternative minimum tax.
    Status:Introduced in House
    Words:504

    H.R. 2660 aims to alter the Internal Revenue Code of 1986 by exempting qualified student loan bonds from counting towards the volume cap, which limits how much certain tax-exempt bonds can be issued, and from the alternative minimum tax, which ensures individuals and businesses pay at least a...

    Simple Explanation

    H.R. 2660 is a bill that tries to help people with student loans by making it easier for schools or cities to borrow money without paying extra taxes, which could mean cheaper student loans for people who need them. It changes the rules so that these special loans aren't counted in limits that usually control how many loans can be given out.

  • H. R. 9698 — To amend the Internal Revenue Code of 1986 to provide for school infrastructure finance and innovation tax credit bonds.
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    Status:Introduced in House
    Words:3,441

    H.R. 9698 proposes changes to the Internal Revenue Code to introduce School Infrastructure Finance and Innovation Tax Credit Bonds (SIFIA bonds). These bonds are intended to finance the design, construction, and renovation of net-zero energy school buildings with the involvement of private...

    Simple Explanation

    H.R. 9698 is a plan to help schools get money to build or fix up buildings to be super energy-efficient. The idea is for schools to work with private companies, getting special bonds that are like fancy IOUs, and these bonds can even get tax benefits, so it's easier to pay for these schools.