Stimulus Package Considered by Congress

SIFMA provides comments to Members of the U.S. House of Representatives on the stimulus package considered by Congress including a permanent exclusion of private-activity bond interest from the alternative minimum tax (AMT) as provided in H.R.425, introduced by Richard Neal (D-Mass.) and Paul Ryan (R-Wis). H.R.425 repeals the AMT for private activity bonds, including outstanding bonds, and refinancings, conversions and remarketings of outstanding bonds.