A bill to amend the Internal Revenue Code of 1954 to provide that cooperative housing corporations and condominium owners' or homeowners' associations will not be taxed on receipt of membership income.

referredUnited States· United States Congress· EN

Introduced

10 March 1975

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Provides, under the Internal Revenue Code, an exclusion from the income tax for income of condominium housing associations, homeowner associations, and cooperative housing corporations operated for the management, maintenance, landscaping, and repair of common areas and dwellings.

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Documents

1 official file

Introduced in House
summary · EN · 10 March 1975
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/94th-congress/house-bill/4497
Open data entity: https://api.congress.gov/v3/bill/94/hr/4497