PRIA Logo™
114-hr-2890114th Congress

Modernizing American Manufacturing Bonds Act

Sponsored By: Representative Hultgren, Randy [R-IL-14]

Unknown

Summary

Modernizing American Manufacturing Bonds Act 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.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Hultgren, Randy [R-IL-14]

IL • R

Cosponsors

  • Rep. Neal, Richard E. [D-MA-1]

    MA • D

    Sponsored 6/25/2015

  • Rep. Renacci, James B. [R-OH-16]

    OH • R

    Sponsored 4/27/2016

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation