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United States · Bill · HR

H.R. 2504 (98th)

A bill to amend the Internal Revenue Code of 1954 to provide that gross income does not include interest on obligations issued by certain educational organizations.

reportedUnited States· United States Congress· EN

Introduced

12 April 1983

Last action

Status

Ordered to be Reported (Amended).

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to provide that gross income does not include interest on securities issued by certain educational organizations. Requires such educational organizations to: (1) grant baccalaureate or higher degrees; and (2) be a college or university created by specific act of the legislature of the State within which such college or university is located and for which such legislature has regularly made appropriations.

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Documents

1 official file

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