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United States · Bill · HR

H.R. 6830 (94th)

A bill to amend the Internal Revenue Code of 1954 to provide that the 4-percent excise tax on the net investment income of a private foundation shall not apply to a private foundation organized and operated exclusively as a library, museum, or similar educational institution.

referredUnited States· United States Congress· EN

Introduced

8 May 1975

Last action

8 May 1975 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Koch, Edward I. [D-NY-18], Rep. Beard, Edward [D-RI-2], Rep. Burton, Phillip [D-CA-6], Rep. Eilberg, Joshua [D-PA-4], Rep. Gilman, Benjamin A. [R-NY-20], Rep. Harrington, Michael J. [D-MA-6], Rep. Ottinger, Richard L. [D-NY-20], Rep. Rees, Thomas M. [D-CA-23], Rep. Rosenthal, Benjamin S. [D-NY-8], Rep. Scheuer, James H. [D-NY-8], Rep. Spellman, Gladys Noon [D-MD-5], Rep. Drinan, Robert F. [D-MA-4], Rep. Mann, James R. [D-SC-4], Rep. Jenrette, John W., Jr. [D-SC-6]

Subjects

Discovery layer

Source updated

1 August 2024

Official sourceView documentsShare

Summary

Provides that the excise tax on the net investment income of a private foundation imposed under the Internal Revenue Code shall not apply to a private foundation organized and operated exclusively as a library or museum or similar educational institution.

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

Timeline

  1. 8 May 1975

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 8 May 1975

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 8 May 1975

    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

Related records

Sources

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