legislation: 95-s-3149

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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
95-s-3149 95 s 3149 A bill to amend the Internal Revenue Code with respect to loan guarantees for the assistance of the city of New York. Taxation 1978-05-25 1978-05-25 Referred to Senate Committee on Finance. Senate Sen. Moynihan, Daniel Patrick [D-NY] NY D M001054 1 Amends the Internal Revenue Code to provide that the payment of interest and principal with respect to federally guaranteed obligations for the assistance of New York City shall be subject to Federal taxation. Sets forth rules for the exchange of guaranteed obligations which lapse under the New York City Loan Guarantee Act of 1978. Excludes such obligations from treatment as capital assets. 2024-08-01T20:10:40Z https://www.congress.gov/bill/95th-congress/senate-bill/3149

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