PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 13009 (93rd)

A bill to amend section 582(c) of the Internal Revenue Code of 1954 with respect to the transitional rules for foreign banks.

referredUnited States· United States Congress· EN

Introduced

25 February 1974

Last action

—

Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

1 August 2024

Official sourceView documentsShare

Summary

Provides, under the Internal Revenue Code provisions relating to bond losses and gains of financial institutions, that in the case of a corporation which would be a bank except for the fact that it is a foreign corporation, the net gain for the taxable year shall be considered, under specified circumstances, as gain from the sale or exchange of a capital asset.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.