Senate Adds QZAB Extension to Tax Bill

Duff, Susanna
May 2003
Bond Buyer;5/21/2003, Vol. 344 Issue 31640, p5
Trade Publication
The U.S. Senate has inserted a provision into its tax cut bill that would renew the qualified zone academy bond (QZAB) program for one year. The QZAB measure was one of 14 provisions set to expire on December 31, 2003, that would be extended through December 31, 2004, in an amendment offered by U.S. Senate Finance Committee Chairman Charles Grassley, and the panel's ranking minority member, Senator Max Baucus. It was among 18 amendments and nine offsets rolled into one vote that the Senate approved shortly before it passed the tax cut package late that night.


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