A bill to amend the Internal Revenue Code of 1954 to revise the tax treatment of certain cooperative housing associations.

Summary

Provides that a cooperative housing association shall be taxable in the same manner as a corporation under the Internal Revenue Code, except that income received from the following sources shall be tax-exempt: (1) tenant-shareholder in the case of a cooperative housing association; (2) owners of condominium housing units in the case of a condominium management association; or (3) owners of real property in the case of a residential real estate management association.

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

Timeline

1. 8 June 1976

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 8 June 1976

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 June 1976

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 8 June 1976

  Open at official source

Sponsors

• Rep. Pickle, J. J. [D-TX-10] · D · Sponsor
• · hswm00 · Standing

Related records

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