PoliticalRepoPoliticalRepo

United States · Bill · S

S. 1745 (97th)

A bill to amend the Tax Reform Act of 1969 with respect to the application of the excess business holding provisions to private foundations.

openUnited States· United States Congress· EN

Introduced

16 October 1981

Last action

Status

Subcommittee on Taxation and Debt Management. Hearings held.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends the Tax Reform Act of 1969 to exempt from the divestiture requirements of the Internal Revenue Code certain private foundations which owned 100 percent of the voting stock in an incorporated business enterprise on May 26, 1969, and which are not managed by the donor of the stock or any family member.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.