United States · Bill · HR
H.R. 5855 (97th)
Merger Control Act of 1981
Introduced
16 March 1982
Last action
—
Status
Subcommittee Hearings Held.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Merger Control Act of 1981 - Amends the Internal Revenue Code to disallow an income tax deduction for interest paid or incurred on any loan which is used to acquire stock in order to gain control of a corporation, if the Board of Directors disapproves of the proposed acquisition by a majority vote.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 16 March 1982
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/house-bill/5855
- Open data entity: https://api.congress.gov/v3/bill/97/hr/5855