I 115th CONGRESS 1st Session H. R. 1080 IN THE HOUSE OF REPRESENTATIVES February 15, 2017 Mr. Ellison (for himself, Mr. Scott of Virginia , Ms. Adams , Mr. Conyers , Ms. Lee , Mr. Payne , and Ms. Moore ) introduced the following bill; which was referred to the Committee on Ways and Means , and in addition to the Committee on Financial Services , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To amend the Securities Act of 1933 and the Internal Revenue Code of 1986 to provide an exemption and payments from taxation for 501(c)(3) bonds issued on behalf of a historically Black college or university.