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house Bill H.R. 5311

Community Development Financing Act of 2010

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      House Committee on Ways and Means
    IntroducedMay 13th, 2010

Bill Details

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Title

Community Development Financing Act of 2010

Official Title

To amend the Internal Revenue Code of 1986 to make permanent the treatment of municipal bonds guaranteed by Federal home loan banks as tax exempt bonds.

Summary

Community Development Financing Act of 2010 - Amends the Internal Revenue Code to make permanent the tax-exemption of interest on state or local bonds guaranteed by a federal home loan bank on or after July 30, 2008.

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