TITLE

House Bills Would Exempt Private-Activity Bonds From AMT

AUTHOR(S)
Barnett, Susanna Duff
PUB. DATE
April 2004
SOURCE
Bond Buyer;4/8/2004, Vol. 348 Issue 31859, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on U.S. House bills that would remove the application o the individual alternative minimum tax (AMT) to interest earned from private-activity bonds. Claim of representative Richard Neal that his primary concern for introducing the bill was the impact of AMT on low- and moderate-income housing, which can be financed by private-activity bonds; Bill introduced by representative Amo Houghton that would raise the exemption for individuals affected by the individual AMT.
ACCESSION #
12810005

 

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