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United States · Bill · HR

H.R. 6776 (97th)

A bill to amend the Tax Reform Act of 1969 with respect to the application of the excess business holdings provisions to private foundations.

referredUnited States· United States Congress· EN

Introduced

15 July 1982

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Tax Reform Act of 1969 to exempt for ten years certain private foundations from the divestiture requirements imposed on private foundations having excess business holdings. Sets forth eligibility requirements for such exemption.

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Documents

1 official file

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Sources

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