h 51306 1213934400 false 1213934400 6333 514 110 400140

6/20/2008--Introduced.<br/>Municipal Bond Market Support Act of 2008 - Amends Internal Revenue Code provisions relating to the small issuer exemption from interest expense allocation rules for financial institutions to: (1) increase from $10 to $30 million the annual limit on small issuers of tax-exempt municipal bonds; (2) allow an inflation adjustment to such increased limit amount after 2009; (3) repeal aggregation rules relating to the determination of small issuer eligibility; (4) allow small issuers an election to treat borrowers separately for purposes of issuance limitations; and (5) allow financial institutions to hold up to 2% of their assets in tax-exempt securities without affecting their interest expense tax deduction.

1213934400 2008-06-20 Fri Nov 07 07:01:37 -0600 2008 introduced 51306 'tax':24 '1986':8 'bond':26 'code':6 'hold':22 'amend':2 'limit':12 'deduct':15 'exempt':25 'intern':4 'modifi':10 'revenu':5 'financi':19 'institut':20 'interest':17 'tax-exempt':23 61241 false official introduced 51306 'act':5 '2008':7 'bond':2 'market':3 'municip':1 'support':4 61731 false short introduced 51306 1213934400 Fri Jun 20 00:00:00 -0500 2008 161690 F000339 1940-03-31 2252 Rayburn House Office Building http://www.house.gov/writerep 4 202-225-0182 Barney 'd':4 '-4':6 'ma':5 'rep':1 'frank':3,8,10 'barney':2,7,9 M 400140 Frank Barney_Frank Rep. Barney Frank [D, MA-4] N00000275 17438 Democrat 202-225-5931 Jewish MA Barney Frank 2.6241134751773 http://www.house.gov/frank/ C001037 1952-01-09 1530 Longworth House Office Building http://www.house.gov/capuano/contact/email.shtml 8 202-225-9322 Michael 'd':4 '-8':6 'ma':5 'rep':1 'capuano':3,8,10 'michael':2,7,9 M 400063 Capuano Michael_E._Capuano E. Rep. Michael Capuano [D, MA-8] N00000267 6733 Democrat 202-225-5111 Roman Catholic MA Mike Michael Capuano 3.63636363636364 http://www.house.gov/capuano/ C001061 1944-10-26 1641 Longworth House Office Building http://www.house.gov/cleaver/IMA/issue.htm 5 202-225-4403 Emanuel 'd':4 '-5':6 'mo':5 'rep':1 'cleaver':3,8,10 'emanuel':2,7,9 M 400639 Cleaver Emanuel_Cleaver Rep. Emanuel Cleaver [D, MO-5] N00026790 7479 Democrat 202-225-4535 MO Emanuel Cleaver 2.47058823529412 http://www.house.gov/cleaver/ K000008 1937-04-02 2188 Rayburn House Office Building http://kanjorski.house.gov/index.php?option=com_content&task=view&id=2&Itemid= 11 202-225-0764 Paul 'd':4 'pa':5 '-11':6 'rep':1 'paul':2,7,9 'kanjorski':3,8,10 M 400210 Kanjorski Paul_E._Kanjorski E. Rep. Paul Kanjorski [D, PA-11] N00001509 6370 Democrat 202-225-6511 Roman Catholic PA Paul Kanjorski 4.25 http://kanjorski.house.gov/ N000015 1949-02-14 2208 Rayburn House Office Building http://www.house.gov/neal/write_neal.html 2 202-225-8112 Richard 'd':4 '-2':6 'ma':5 'rep':1 'neal':3,8,10 'richard':2,7,9 M 400291 Neal Richard_E._Neal E. Rep. Richard Neal [D, MA-2] N00000153 6220 Democrat 202-225-5601 Roman Catholic MA Richard Neal 2.22222222222222 http://www.house.gov/neal/ introduced 51306 1213934400 Fri Jun 20 00:00:00 -0500 2008 161690 action 51306 1213934400 Fri Jun 20 00:00:00 -0500 2008 161691 Referred to the House Committee on Ways and Means.