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United States · Bill · HR

H.R. 5643 (96th)

Rural Cooperative Business Income Act of 1979

referredUnited States· United States Congress· EN

Introduced

18 October 1979

Last action

18 October 1979 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Sen. Gore, Albert, Jr. [D-TN], Rep. Bowen, David R. [D-MS-2], Sen. Daschle, Thomas A. [D-SD], Rep. Ottinger, Richard L. [D-NY-20], Rep. Edgar, Robert W. [D-PA-7], Rep. Ichord, Richard H. [D-MO-8], Rep. Whitley, Charles O., Sr. [D-NC-3], Rep. Burlison, Bill D. [D-MO-10], Rep. Kogovsek, Ray [D-CO-3], Rep. Young, Don [R-AK-At Large], Rep. Volkmer, Harold L. [D-MO-9], Rep. Cheney, Dick [R-WY-At Large], Rep. Montgomery, G. V. (Sonny) [D-MS-3], Sen. Andrews, Mark [R-ND], Rep. Kindness, Thomas N. [R-OH-8], Rep. Leach, James A. [R-IA-2], Rep. Stangeland, Arlan [R-MN-7], Rep. Hinson, Jon C. [R-MS-4], Rep. Bauman, Robert E. [R-MD-1], Sen. Lott, Trent [R-MS], Rep. Cleveland, James C. [R-NH-2], Rep. Wampler, William C. [R-VA-9], Sen. Fowler, Wyche, Jr. [D-GA], Rep. Gudger, V. Lamar [D-NC-11], Rep. Skelton, Ike [D-MO-4], Rep. Gingrich, Newt [R-GA-6], Rep. Wilson, Charles [D-TX-2], Rep. Quillen, James H. (Jimmy) [R-TN-1], Rep. Perkins, Carl Dewey [D-KY-7], Rep. Roth, Toby [R-WI-8], Rep. Jenkins, Edgar L. [D-GA-9], Rep. Ginn, Bo [D-GA-1], Rep. Broyhill, James T. [R-NC-10], Rep. Runnels, Harold L. [D-NM-2], Rep. Williams, Pat [D-MT-At Large], Sen. Abdnor, James [R-SD], Rep. Hightower, Jack E. [D-TX-13], Rep. Baldus, Alvin J. [D-WI-3], Rep. Fuqua, Don [D-FL-2], Rep. Young, C. W. Bill [R-FL-13], Rep. Guyer, Tennyson [R-OH-4], Rep. Lehman, William [D-FL-17], Rep. Coughlin, Lawrence [R-PA-13], Rep. Weaver, James H. [D-OR-4], Rep. Cavanaugh, John J. [D-NE-2], Rep. Brinkley, Jack [D-GA-3], Rep. Courter, Jim [R-NJ-12], Rep. Frenzel, Bill [R-MN-3]

Subjects

Taxation

Source updated

2 September 2025

Taxation

Official sourceView documentsShare

Summary

Rural Cooperative Business Income Act of 1979 - Amends the Internal Revenue Code to provide that income received by a mutual or cooperative telephone or electric company for services to customers or rural telephone or electric companies, and income received from the rental or sale of communications or power facilities, shall not be subject to the tax on unrelated business income.

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

Timeline

  1. 18 October 1979

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 18 October 1979

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 18 October 1979

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

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Sponsors

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Sources

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