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United States · Bill · HR

H.R. 1161 (104th)

To amend the Internal Revenue Code of 1986 to provide an exclusion from unrelated business taxable income for certain sponsorship payments.

openUnited States· United States Congress· EN

Introduced

8 March 1995

Last action

Status

Committee Hearings Held.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to declare that unrelated trade or business does not include the activity of soliciting and receiving qualified sponsorship payments for purposes of the tax on unrelated business income of charitable and other tax-exempt organizations.

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Documents

3 official files

Introduced in House (text)

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Sources

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