A bill to amend the Internal Revenue Code of 1986 to provide that the issuance of charitable gift annuities shall not be taken into account in determining whether certain organizations are treated as providing commercial-type insurance.

Summary

Amends the Internal Revenue Code to state that charitable gift annuities (those owned by an individual who made a tax-deductible charitable contribution to the annuities' issuer) are not commercial-type insurance for purposes of determining the tax-exempt status of an organization.

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

Timeline

1. 14 July 1987

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 14 July 1987

   Introduced

   Introduced in House

   Source: IntroReferral

3. 14 July 1987

   Introduced

   Introduced in House

   Source: IntroReferral

4. 10 November 1988

   Committee

   Provisions of Measure Incorporated Into H.R.4333.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 14 July 1987

  Open at official source

Sponsors

• Rep. Daub, Hal [R-NE-2] · R · Sponsor
• Rep. Frenzel, Bill [R-MN-3] · R · Sponsor
• Rep. Tauke, Thomas Joseph [R-IA-2] · R · Cosponsor
• Rep. Jacobs, Andrew, Jr. [D-IN-10] · D · Cosponsor
• Sen. Jeffords, James M. [I-VT] · R · Cosponsor
• Rep. Slattery, Jim [D-KS-2] · D · Cosponsor
• Sen. Craig, Larry E. [R-ID] · R · Cosponsor
• · hswm00 · Standing

Related records

• related to ← Technical and Miscellaneous Revenue Act of 1988