A bill to amend the Internal Revenue Code of 1954 with respect to the tax treatment of small business investment companies electing to be taxed as regulated investment companies.

referredUnited States· United States Congress· EN

Introduced

3 May 1977

Last action

—

Status

Referred to Senate Committee on Finance.

Summary

Amends the Internal Revenue Code to allow small business investment companies electing to be taxed as regulated investment companies, and having a tax deficiency as a result of a judicial judgment or administrative settlement concerning certain capital gains or dividend deductions to satisfy such deficiencies by paying out dividends within 90 days after the judgment or settlement.

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Timeline

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Votes

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Versions

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Documents

2 official files

Reported to House with amendment(s)
summary · EN · 6 September 1978
Open at official source
Introduced in House
summary · EN · 3 May 1977
Open at official source

Related records

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/house-bill/6877
Open data entity: https://api.congress.gov/v3/bill/95/hr/6877