A bill to amend the Internal Revenue Code of 1954 to provide that certain income from a nonmember telephone company is not taken into account in determining whether any mutual or cooperative telephone company is exempt from income tax.

Summary

Amends the Internal Revenue Code to provide that income received from nonmember telephone companies shall not be used in determining whether mutual and cooperative telephone companies qualify as tax exempt organizations.

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

Timeline

1. 29 April 1977

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 29 April 1977

   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 · 29 April 1977

  Open at official source

Sponsors

• Sen. Burdick, Quentin N. [D-ND] · D · Sponsor
• Sen. Abourezk, James [D-SD] · D · Cosponsor
• · ssfi00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to provide that certain income from a nonmember telephone company is not taken into account in determining whether any mutual or cooperative telephone company is exempt from income tax.