In CommitteeFiled Jul 30, 2026
Sponsor: Sen. McCormick, David [R-PA] (R)
Latest Action
Read twice and referred to the Committee on Finance.
Jul 30, 2026
Summary
The bill would modify provisions of the Internal Revenue Code that govern exempt facility bonds. It would affect entities that issue these bonds and the investors who buy them, potentially altering how the bonds are treated for tax purposes. The change is intended to update the tax rules that apply to this specific type of financing.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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