HR 629

112th CONGRESS
1st Session

H. R. 629

To amend the Internal Revenue Code of 1986 to modify the private activity bond rules to except certain uses of intellectual property from the definition of private business use.

IN THE HOUSE OF REPRESENTATIVES

February 10, 2011

Mr. CLEAVER introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to modify the private activity bond rules to except certain uses of intellectual property from the definition of private business use.

SECTION 1. CERTAIN SCIENTIFIC USES EXCEPTED FROM PRIVATE BUSINESS USE FOR PRIVATE ACTIVITY BONDS.

END