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 certain cooperative banks, shall be applicable to the comparable mortgage programs now undertaken by national mortgage associations.

referredUnited States· United States Congress· EN

Introduced

1 February 1977

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to extend additional allowances for bad debt reserves to national mortgage associations similar to those presently allowed savings and loan associations and mutual savings banks.

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Documents

1 official file

Introduced in House
summary · EN · 1 February 1977
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/house-bill/2810
Open data entity: https://api.congress.gov/v3/bill/95/hr/2810