A bill to amend section 883 (a) of the Internal Revenue Code to provide for exclusion of income from the temporary rental of railroad rolling stock of foreign corporations.

enactedUnited States· United States Congress· EN

Introduced

26 March 1975

Last action

—

Status

Motion to override veto failed of passage in House, roll call #808 (265-157).

Summary

Provides, under the Internal Revenue Code, that income from the temporary rental of railroad rolling stock by foreign corporations shall be excluded from gross income for tax purposes, provided the foreign corporation grants an equivalent exemption to corporations organized in the United States.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

2 official files

Conference report filed in House
summary · EN · 16 December 1975
Open at official source
Introduced in House
summary · EN · 26 March 1975
Open at official source

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/94th-congress/house-bill/5559
Open data entity: https://api.congress.gov/v3/bill/94/hr/5559