A bill to amend the Internal Revenue Code of 1954 to provide for the uniform treatment of certain outdoor advertising displays for income tax purposes.

Summary

Amends the Internal Revenue Code to allow taxpayers to elect to treat property which constitutes an outdoor advertising display as real property, with respect to the involuntary conversion of real property held for productive use in a trade or business.

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

Timeline

1. 18 February 1976

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 18 February 1976

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 18 February 1976

  Open at official source

Sponsors

• Sen. Moss, Frank E. [D-UT] · D · Sponsor
• · ssfi00 · Standing

Related records

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