United States · Bill · HR
H.R. 1326 (102nd)
To clarify that Federal assistance provided with respect to domestic building and loan associations shall be treated as compensation for purposes of determining the deduction for losses, and for other purposes.
Introduced
7 March 1991
Last action
—
Status
Committee Hearings Held.
Sponsors
—
Subjects
Discovery layer
Source updated
7 February 2024
Summary
Requires that, except in specified instances, Federal financial assistance be taken into account when determining losses or bad debts of savings and loans institutions (thus denying income tax deductions for losses or bad debts to the extent Federal assistance has compensated for them).
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Documents
2 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN
Introduced in House
summary · EN · 7 March 1991
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/102nd-congress/house-bill/1326
- Open data entity: https://api.congress.gov/v3/bill/102/hr/1326