United States · Bill · S
S. 2349 (98th)
A bill to amend the Internal Revenue Code of 1954 to deny loss deductions for stock in corporations functioning in the nature of political action committees.
Introduced
27 February 1984
Last action
—
Status
Committee on Finance requested executive comment from OMB, Treasury Department.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
Amends the Internal Revenue Code to deny a loss deduction for stock in a corporation where a substantial part of the corporation's activities involve attempts to influence legislation and participate in political campaigns.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 27 February 1984
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/98th-congress/senate-bill/2349
- Open data entity: https://api.congress.gov/v3/bill/98/s/2349