United States · Bill · HR
H.R. 7069 (95th)
Tax Equalization Act
Introduced
10 May 1977
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
2 September 2025
Summary
Tax Equalization Act - Amends the Internal Revenue Code to repeal the tax exempt status of farmers' cooperatives and the special tax treatment of certain other cooperatives. Disallows to cooperatives any deduction for patronage dividends paid by them. Includes patronage dividends within the amounts excludible as dividends received by individuals and corporations.
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Documents
1 official file
Introduced in House
summary · EN · 10 May 1977
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/95th-congress/house-bill/7069
- Open data entity: https://api.congress.gov/v3/bill/95/hr/7069