legislation: 114-s-3416

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
114-s-3416 114 s 3416 Modernizing American Manufacturing Bonds Act Taxation 2016-09-28 2016-09-28 Read twice and referred to the Committee on Finance. Senate Sen. Brown, Sherrod [D-OH] OH D B000944 1 Modernizing American Manufacturing Bonds Act This bill amends the Internal Revenue Code, with respect to qualified small issue bonds for manufacturing purposes, to: (1) expand the definition of "manufacturing facility" to include a facility which is used in the creation or production of intangible property and which is functionally related and subordinate to a facility located on the same site and financed with not more than 25% of bond proceeds, and (2) increase from $10 million to $30 million the maximum bond limitation. 2023-01-11T13:33:31Z  

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