To amend the Internal Revenue Code of 1986 to impose an excise tax on certain indebtedness, and for other purposes.
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Summary
Based on the bill's title, this measure would amend the Internal Revenue Code of 1986 to impose an excise tax on certain indebtedness. The full text was not available, so the specific types of debt covered, tax rates, and applicable thresholds cannot be determined from this metadata. The bill was referred to the House Committee on Ways and Means, the committee with jurisdiction over tax legislation, and no further action is recorded.
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