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Taxes: Ending Tax Exemptions for Abortion Provider Bonds

This act changes tax laws regarding bonds issued by state and local governments. Its purpose is to tax interest on bonds used to fund facilities that provide abortion services. This means such bonds will no longer receive tax exemptions, potentially increasing the cost of financing for these facilities.
Key points
Interest on bonds used to fund abortion provider facilities will be taxed, potentially increasing their operating costs.
Exemptions apply for abortions in cases of rape, incest, or when the woman's life is at risk.
General hospitals may be excluded from the definition of an "abortion provider" at the discretion of the Treasury Secretary.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_HR_606
Sponsor: Rep. Smith, Jason [R-MO-8]
Process start date: 2021-01-28
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

No Abortion Bonds Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_606.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-01-28.

What are the main provisions?

Key points include:

  • Interest on bonds used to fund abortion provider facilities will be taxed, potentially increasing their operating costs.
  • Exemptions apply for abortions in cases of rape, incest, or when the woman's life is at risk.
  • General hospitals may be excluded from the definition of an "abortion provider" at the discretion of the Treasury Secretary.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Smith, Jason [R-MO-8].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Taxes Health