S.138 - A bill to amend the Internal Revenue Code of 1986 to repeal alternative minimum tax limitations on private activity bond interest, and for other purposes.

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  • Official: A bill to amend the Internal Revenue Code of 1986 to repeal alternative minimum tax limitations on private activity bond interest, and for other purposes. as introduced.

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  • Past Seven Days: 2
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Introduced
 
Senate
Passes
 
House
Passes
 
President
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01/05/09
 
 
 
 
 
 
 

Official Summary

1/6/2009--Introduced.Amends the Internal Revenue Code to exempt interest earned on tax-exempt private activity bonds from the alternative minimum tax (AMT) and to exclude such interest as an adjustment to current earnings for purposes of computing alternative minimum taxable income.

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Recent News Coverage

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05/25/10
Douglas allows new credit card law

...and sign the legislation? Douglas said the measure puts Vermont too far out in front of federal rules. "With the passage of S.138 Vermont will be the first state in the nation to challenge the rules of the electronic payment system through legislation.

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03/16/10
Vt. bill cracks down on credit companies

...owners," said Sen. John Campbell, a Windsor Democrat, during an afternoon press conference in the Senate chamber. The bill, S.138, caps late fees that credit card companies can charge and requires them to notify customers in writing before they change f

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Recent Blog Coverage

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01/24/11
S.138: California Desert Protection Act of 2011 - U.S. Congress ...

S.138 - California Desert Protection Act of 2011. A bill to provide for conservation, enhanced recreation opportunities, and development of renewable energy in the California Desert Conservation Area, and for other purposes. view all titles (2) .... OpenCo

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12/24/10
Star Trek Roman Rezensionen: Mission Gamma I: Zwielicht

Besonders angetan war ich allerdings von der kreativen Übersetzung „Sternenflottenfuzzis“ (S. 138) für „starfleet type“, die ich aus dem Munde Quarks als äußerst nachvollziehbar empfand. Getrübt haben mich drei andere Dauerfehler. ...

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12/19/10
Wide-reaching recommendations from Future Aviation Advisory ...

During the 111th Congress, efforts have been made to both extend the current AMT exemption in comprehensive tax reform and job creation legislation and to provide a permanent AMT exemption through stand-alone bills, primarily S. 138 ...

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