A bill to amend section 584 of the Internal Revenue Code of 1954 with respect to the treatment of affiliated banks for purposes of the common trust fund provisions of such Code.

referredUnited States· United States Congress· EN

Introduced

30 January 1973

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Provides that, for purposes of the common trust fund provisions of the Internal Revenue Code, two or more banks which are members of the same affiliated group shall be treated as one bank for the period of affiliation. (Amends 26 U.S.C. 584(a))

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Documents

1 official file

Introduced in House
summary · EN · 30 January 1973
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/93rd-congress/house-bill/3242
Open data entity: https://api.congress.gov/v3/bill/93/hr/3242