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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.
5/1/2007--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).
Latest Actions
- 05/01/2007 - Referred to the House Committee on Ways and Means.
Bill Text
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