A bill to amend the Internal Revenue Code of 1954 to provide an exemption from income taxation for certain income of condominium housing associations, home-owner associations, and cooperative housing corporations.

Summary

Provides, under the Internal Revenue Code, an exclusion from income taxation for income of condominium housing associations, homeowner associations, and cooperative housing corporations operated for the management, maintenance, landscaping, and repair of common areas and dwellings.

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

Timeline

1. 15 January 1975

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 15 January 1975

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 15 January 1975

  Open at official source

Sponsors

• Sen. Beall, J. Glenn, Jr. [R-MD] · R · Sponsor
• Sen. McClellan, John L. [D-AR] · D · Cosponsor
• Sen. Cranston, Alan [D-CA] · D · Cosponsor
• Sen. Hatfield, Mark O. [R-OR] · R · Cosponsor
• Sen. Tunney, John V. [D-CA] · D · Cosponsor
• Sen. Thurmond, Strom [R-SC] · R · Cosponsor
• Sen. Taft, Robert, Jr. [R-OH] · R · Cosponsor
• Sen. Stone, Richard (Dick) [D-FL] · D · Cosponsor
• Sen. Chiles, Lawton [D-FL] · D · Cosponsor
• Sen. Buckley, James L. [R-NY] · R · Cosponsor
• Sen. Fong, Hiram L. [R-HI] · R · Cosponsor
• Sen. Mathias, Charles McC., Jr. [R-MD] · R · Cosponsor
• Sen. Stevenson, Adlai E., III [D-IL] · D · Cosponsor
• · ssfi00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to provide an exemption from income taxation for certain income of condominium housing associations, homeowner associations, and cooperative housing corporations.