A bill to amend the Internal Revenue Code of 1954 to allow the investment credit with respect to taxable business conducted by certain religious communities exempt from tax under section 501(d) of such Code.

openUnited States· United States Congress· EN

Introduced

18 November 1983

Last action

—

Status

Subcommittee Hearings Held.

Summary

Amends the Internal Revenue Code to permit members of tax-exempt religious and apostolic organizations to claim a share of any investment tax credit accruing to such organizations from taxable business activity.

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Documents

1 official file

Introduced in House
summary · EN · 18 November 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/4507
Open data entity: https://api.congress.gov/v3/bill/98/hr/4507