Investing in Our Communities Act 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 The exclusion was repealed for bonds issued after 2017.
Income tax exclusionInterest, dividends, interest ratesSecuritiesState and local finance
Investing in Our Communities Act
USA117th CongressHR-2288| House
| Updated: 3/29/2021
Investing in Our Communities Act 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 The exclusion was repealed for bonds issued after 2017.