A bill to provide tax relief for condominium owners and homeowners' associations.

Summary

Provides an exclusion from income taxation under the Internal Revenue Code for corporations, organizations, and associations, not organized for profit, the membership of which is comprised solely of the owners of residential units in a condominium or housing development. Specifies other criteria to be met prior to eligibility for such exclusion. (Amends 26 U.S.C. 501(c))

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

Timeline

1. 22 July 1974

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 22 July 1974

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 22 July 1974

  Open at official source

Sponsors

• Sen. Goldwater, Barry [R-AZ] · R · Sponsor
• · ssfi00 · Standing

Related records

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