House bill · 101st Congress · Did not become law
To clarify the treatment of certain obligations under the provisions providing for a pro rata allocation of interest expense of financial institutions to tax-exempt interest.
Sponsor: Rep. Raymond McGrath R-NYWhere it went
- IntroducedNov 17, 1989
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Nov 17, 1989 — Referred to the House Committee on Ways and Means.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
8 cosponsors — 3 Republicans, 5 Democrats
5 of 8 cosponsors (62%) are from the other party.
Dan Burton (R-IN), Ben Erdreich (D-AL), Ronnie Flippo (D-AL), Dan Glickman (D-KS), Andrew Jacobs (D-IN), Jim Jontz (D-IN), Constance Morella (R-MD), Donald Sundquist (R-TN).
More from the sponsor
Other 101st Congress bills sponsored by Rep. Raymond McGrath.
- H.R. 1230 (101st) For the relief of Jocelyne Carayannis and Marie Carayannis.
- H.Res. 459 (101st) Expressing the House of Representatives' opposition to restriction or elimination of the Federal tax deduction for State and local income…
- H.R. 1936 (101st) To reduce temporarily the column 2 rate of duty on certain machine tools for planing, gear cutting, gear grinding, or gear finishing.
- H.R. 1937 (101st) To reduce temporarily the column 2 rate of duty on certain machine tools for grinding or honing.
- H.R. 1938 (101st) To reduce temporarily the column 2 rate of duty on certain machine tools for drilling, boring, milling, threading, or tapping by removing…
- H.R. 3710 (101st) To amend the Internal Revenue Code of 1986 to allow individuals a credit for expenditures to remove and replace underground home heating…
Sponsor’s state and district
Data as of Sep 30, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.