A bill to provide that income from entertainment activities held in conjunction with a public fair conducted by an organization described in section 501(c), (3) and (5) shall not be unrelated trade or business income and shall not affect the tax exemption of the organization.

referredUnited States· United States Congress· EN

Introduced

25 June 1974

Last action

—

Status

Referred to Senate Committee on Finance.

Summary

Provides that income from entertainment activities held in conjunction with a public fair conducted by a tax exempt organization shall not be unrelated trade or business income and shall not affect the tax exemption of the organization under the Internal Revenue Code.

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Documents

1 official file

Introduced in Senate
summary · EN · 25 June 1974
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/93rd-congress/senate-bill/3701
Open data entity: https://api.congress.gov/v3/bill/93/s/3701