{"database": "openregs", "table": "legislation", "rows": [["106-s-3235", 106, "s", 3235, "Telecommunications Ownership Diversification Act of 2000", "Taxation", "2000-10-25", "2000-10-25", "Read twice and referred to the Committee on Finance.", "Senate", "Sen. McCain, John [R-AZ]", "AZ", "R", "M000303", 1, "Telecommunications Ownership Diversification Act of 2000 - Amends the Internal Revenue Code (IRC) to provide for the nonrecognition of certain gain on the sale of telecommunications businesses meeting certain requirements, including requirements concerning minority ownership.Allows a limited credit for a taxpayer that at all times during that taxable year: (1) is a local exchange carrier; (2) is not a Bell operating company; and (3) is headquartered in an area designated as an empowerment zone.Requires biennial audits and reports by the Comptroller General relating to the IRC amendments made by this Act.", "2025-08-20T14:21:11Z", "https://www.congress.gov/bill/106th-congress/senate-bill/3235"]], "columns": ["bill_id", "congress", "bill_type", "bill_number", "title", "policy_area", "introduced_date", "latest_action_date", "latest_action_text", "origin_chamber", "sponsor_name", "sponsor_state", "sponsor_party", "sponsor_bioguide_id", "cosponsor_count", "summary_text", "update_date", "url"], "primary_keys": ["bill_id"], "primary_key_values": ["106-s-3235"], "units": {}, "query_ms": 0.2808349672704935, "source": "Federal Register API & Regulations.gov API", "source_url": "https://www.federalregister.gov/developers/api/v1", "license": "Public Domain (U.S. Government data)", "license_url": "https://www.regulations.gov/faq"}