118th Congress · HOUSE BILLBILL

H.R. 1837 — Investing in Our Communities Act

“To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds.”

Taxation

Introduced Mar 28, 2023

Last action Mar 28, 2023

Pipeline · Bill → Law

Step 1

Introduced

Mar 28, 2023

Step 2

Referred

Mar 28, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill reinstates the exclusion from gross income for interest on certain bonds issued to advance the refunding of a prior bond issue. The exclusion was repealed for bonds issued after 2017.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Mar 28, 2023

Introduced in House

Mar 28, 2023

Referred to the House Committee on Ways and Means.