A bill to amend the Internal Revenue Code of 1954 to provide that the payment of certain dividends by a cemetery corporation shall not deny such corporation its exemption under section 501 (c) (13) of such Code.

Summary

Amends the Internal Revenue Code to permit tax-exempt cemetery corporations to issue preferred stock and to pay dividends on such stock.

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

Timeline

1. 5 June 1979

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 5 June 1979

   Introduced

   Introduced in Senate

   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 Senate

  summary · EN · 5 June 1979

  Open at official source

Sponsors

• Sen. Pressler, Larry [R-SD] · R · Sponsor
• · ssfi00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to provide that the payment of certain dividends by a cemetery corporation shall not deny such corporation its exemption under section 501(c)(13) of such Code.