A bill to amend the Internal Revenue Code of 1954 with respect to the unrelated business taxable income of certain nonprofit charitable organizations.

Summary

Amends the Internal Revenue Code to exempt from the tax on unrelated business income any income received by a tax-exempt organization from the sale, exchange, or rental of names from donor lists or membership lists.

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

Timeline

1. 16 March 1983

   Committee

   Committee on Finance requested executive comment from OMB, Treasury Department.

   Source: Committee

2. 16 March 1983

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

3. 16 March 1983

   Introduced

   Introduced in Senate

   Source: IntroReferral

4. 29 April 1983

   Committee

   Subcommittee on Taxation and Debt Management. Hearings held. Hearings printed: S.Hrg. 98-186.

   Source: Committee

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 · 16 March 1983

  Open at official source

Sponsors

• Sen. Bentsen, Lloyd M. [D-TX] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 with respect to the unrelated business taxable income of certain nonprofit charitable organizations.