Housing Co-op Tax Correction Act of 1993

Summary

Housing Co-op Tax Correction Act of 1993 - Amends the Internal Revenue Code to exclude cooperative housing corporations from the limitations on deductions incurred by certain membership organizations in transactions with their members. Prohibits patronage losses of an organization from being used to offset earnings which are not patronage earnings. Specifies earnings to be treated as patronage earnings in the case of cooperative housing corporations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 21 January 1993

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 21 January 1993

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 January 1993

   Introduced

   Introduced in House

   Source: IntroReferral

4. 13 July 1993

   Committee

   Hearing Held on Issue by Subcommittee on Select Revenue Measures.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 21 January 1993 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 21 January 1993

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 21 January 1993

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 21 January 1993

  Open at official source

Sponsors

• Charles Schumer · D · Sponsor
• Jerrold Nadler · D · Cosponsor
• CAROLYN MALONEY · D · Cosponsor
• Nydia Velázquez · D · Cosponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.