102nd Congress > House > Vote 744

Date: July 28, 1992

Result: 48-369 (Failed)

Clerk session vote number: 328

Vote Subject Matter: Government Management / Budget Special Interest

Sponsor: COYNE, William Joseph (D-PA)

Bill number: HR5653

Question: On Motion to Suspend the Rules and Pass

Description: TAX EXEMPT BONDS FOR GOVERNMENT OWNED HIGH SPEED INTERCITY RAIL FACILITIES

Bill summary: Amends the Internal Revenue Code to provide a complete tax exemption from the State volume cap (currently a 75 percent tax exemption) for bonds used to finance government-owned high-speed intercity rail facilities. Requires information reporting on refunds of real property taxes.

Bill titles: To amend the Internal Revenue Code of 1986 to exempt the full amount of bonds issued for government-owned high-speed intercity rail facilities from the State volume cap on private activity bonds and to require reporting of certain income and real property taxes.

Links for more info on the vote: congress.gov

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