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United States · Bill · HR

H.R. 3396 (98th)

A bill to amend the Internal Revenue Code of 1954 to remove certain inequities relating to private foundations.

referredUnited States· United States Congress· EN

Introduced

22 June 1983

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code relating to the imposition of an excise tax on the excess business holdings of private foundations to permit a two percent variance in the increase or decrease in percentage holdings of the private foundation and all disqualified persons attributable to issuance or redemption of stock held on May 26, 1969.

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Documents

1 official file

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Sources

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