United States · Bill · S
S. 2475 (94th)
A bill to amend the Internal Revenue Code of 1954 to modify the charitable distribution requirements imposed upon foundations.
Introduced
6 October 1975
Last action
—
Status
Referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Revises the formula for determination of the amount of tax to be imposed on charitable foundations upon their failure to distribute income by changing the method of calculation of the minimum investment return for any private foundation for any taxable year.
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Timeline
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 6 October 1975
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/94th-congress/senate-bill/2475
- Open data entity: https://api.congress.gov/v3/bill/94/s/2475