A bill to amend the Internal Revenue Code of 1954 to treat certain income derived by tax-exempt organizations from investments in farmland as unrelated business taxable income.

Summary

Amends the Internal Revenue Code to tax the unrelated income of tax-exempt organizations which is derived from farm real property.

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

Timeline

1. 26 May 1977

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 26 May 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 26 May 1977

   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

• Introduced in House

  summary · EN · 26 May 1977

  Open at official source

Sponsors

• Rep. Bedell, Berkley W. [D-IA-6] · D · Sponsor
• Rep. Ammerman, Joseph S. [D-PA-23] · D · Cosponsor
• Rep. Hanley, James M. [D-NY-32] · D · Cosponsor
• Rep. Jenrette, John W., Jr. [D-SC-6] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to treat certain income derived by tax-exempt organizations from investments in farmland as unrelated business taxable income.