legislation: 93-s-3741

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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
93-s-3741 93 s 3741 A bill to exempt from Federal taxation the obligations of certain nonprofit corporations organized to finance student loans and to provide that incentive payments to lenders of those student loans shall not be regarded as yield from the student loans for the purpose of determining whether bonds issued by such nonprofit organizations are arbitrage bonds. Education 1974-07-10 1974-07-10 Referred to Senate Committee on Finance. Senate Sen. Bentsen, Lloyd M. [D-TX] TX D B000401 0 Excludes from Federal taxation, under the Internal Revenue Code, the obligations of specified nonprofit corporations organized to finance student loans. Provides that incentive payments to lenders of those student loans shall not be regarded as yield from the student loans for the purpose of determining whether bonds issued by such nonprofit organizations are arbitrage bonds. 2024-08-01T18:42:54Z  

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