To conform Federal tax law with the Texas Constitution to allow for the continued benefit to the fullest extent possible from the financial leverage of the Permanent University Fund to the State of Texas.

H.R. 4610 · 118th Congress · Jul 13, 2023 · Lineage

A BILL

Section 1 Change of date relating to amount benefitting from special arbitrage rule

(a)

In general— Paragraph (4) of section 648 of the Tax Reform Act of 1984 (Public Law 98–369, 98 Stat. 494) is amended by striking “October 9, 1969” and inserting “March 1, 1985”.

(b)

Effective Date— The amendment made by this section shall take effect on the date of enactment of this Act.

To conform Federal tax law with the Texas Constitution to allow for the continued benefit to the fullest extent possible from the financial leverage of the Permanent University Fund to the State of Texas.

Section 1 Change of date relating to amount benefitting from special arbitrage rule

Cite this provision

Incoming references