A bill to amend the Internal Revenue Code of 1954 to provide that the tax rules now applicable to savings and loan associations, mutual savings banks, and so forth, shall be applicable to the comparable mortgage programs now undertaken by national mortgage associations.

referredUnited States· United States Congress· EN

Introduced

6 June 1974

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Provides that the income tax rules, relating to reserves for losses on loans, now applicable to savings and loan associations and mutual savings banks, shall be applicable to the comparable mortgage programs now undertaken by national mortgage associations. (Amends 26 U.S.C. 593)

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Documents

1 official file

Introduced in House
summary · EN · 6 June 1974
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/93rd-congress/house-bill/15234
Open data entity: https://api.congress.gov/v3/bill/93/hr/15234