legislation: 94-hr-15383

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API

This data as json

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
94-hr-15383 94 hr 15383 A bill to amend the Internal Revenue Code of 1954 to change the method used to determine the rate of interest on tax deficiencies and overpayments. Taxation 1976-09-01 1976-09-01 Referred to House Committee on Ways and Means. House Rep. Jones, James R. [D-OK-1] OK D J000232 0 Amends the Internal Revenue Code to redefine the rate of interest on money due to or from the Government to be, in the case of a non-corporate taxpayer, the adjusted rate established by the Secretary of the Treasury, and, in the case of a corporation, 125 percent of the adjusted rate. Redefines the "prime rate charged by banks," by which the Secretary adjusts rate of interest, to be the average predominant prime rate quoted by commercial banks to large business, as determined by the Board of Governors of the Federal Reserve System. Requires the Secretary to establish such adjusted rate by the 15th day of the calendar month following enactment. Provides that the applicable rates shall become effective on the first day of the second month following enactment on all money then due. 2024-08-01T19:33:23Z https://www.congress.gov/bill/94th-congress/house-bill/15383

Links from other tables