A bill to amend the Internal Revenue Code of 1954 with respect to the tax treatment of small business investment companies electing to be taxed as regulated investment companies.

referredUnited States· United States Congress· EN

Introduced

1 May 1978

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to allow small business investment companies electing to be taxed as regulated investment companies, and having a tax deficiency as a result of a judicial judgment or administrative settlement concerning certain capital gains or dividend deductions to satisfy such deficiencies by paying out dividends within 90 days after the judgment or settlement.

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Documents

1 official file

Introduced in House
summary · EN · 1 May 1978
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/house-bill/12473
Open data entity: https://api.congress.gov/v3/bill/95/hr/12473