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S.1963 - Federal Government - A bill to amend the Internal Revenue Code of 1986 to allow bonds guaranteed by the Federal home loan banks to be treated as tax exempt bonds.

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A bill to amend the Internal Revenue Code of 1986 to allow bonds guaranteed by the Federal home loan banks to be treated as tax exempt bonds.

8/2/2007--Introduced.

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

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08/02/2007 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10806)

Bill Text

File name		Last Updated
	S.1963 Introduced in Senate	08/31/2007

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John D., IV Rockefeller

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