A bill to amend the Internal Revenue Code of 1954 to increase the amount of the stock which certain private foundations may hold certain public utilities without being subject to the excise tax on excess business holdings.

referredUnited States· United States Congress· EN

Introduced

12 May 1983

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to increase from 50 to 51 percent the amount of stock which certain private foundations may hold in certain public utilities without being subject to the excise tax on excess business holdings.

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Documents

1 official file

Introduced in House
summary · EN · 12 May 1983
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/98th-congress/house-bill/3011
Open data entity: https://api.congress.gov/v3/bill/98/hr/3011