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United States · Bill · HR

H.R. 10155 (94th)

A bill to amend the Internal Revenue Code of 1954 with respect to the exempt function income of a political organization.

failedUnited States· United States Congress· EN

Introduced

9 October 1975

Last action

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Status

Measure failed of passage in House under suspension of the rules, roll call #648 (134-261).

Sponsors

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Subjects

Discovery layer

Source updated

1 August 2024

Official sourceView documentsShare

Summary

Redefines "exempt function income" of a political organization for purposes of the Internal Revenue Code to mean any amount received as (1) a contribution of money or other property; (2) membership dues; (3) proceeds from a political fund-raising or entertainment event; or (4) proceeds from a trade or business where substantially all the work is performed for the trade or business without compensation.

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Documents

2 official files

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Sources

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