Municipal Bond Market Support Act of 2014
Latest action · Jul 24, 2014 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 24, 2014
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors 5
Members who signed on, in the order they did. Signatures ran from Jul 24, 2014 to Nov 14, 2014, with 3 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CT | John B. Larson | Original | Jul 24, 2014 |
| R-IL | Randy Hultgren | Original | Jul 24, 2014 |
| D-MA | Richard E. Neal | Original | Jul 24, 2014 |
| R-MO | Blaine Luetkemeyer | Nov 14, 2014 | |
| D-WI | Ron Kind | Nov 14, 2014 |
Actions 2
Everything that happened, newest first.
- Jul 24, 2014Introduced in House
- Jul 24, 2014Referred to the House Committee on Ways and Means.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jul 24, 2014Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.