HR 2001
103th Congress
House
Taxation
Gambling
Income tax
Nonprofit organizations
Tax credits
Tax refunds
Tax-exempt organizations
Unrelated business income tax
To provide that certain games of chance conducted by a nonprofit organization not be treated as an unrelated trade or business of such organization.
Introduced: May 5, 1993
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 5, 1993
Referred to the House Committee on Ways and Means.
May 5, 1993
Introduced in House
Plain-English summary
Repeals the provision of the Tax Reform Act of 1986 that requires certain games of chance conducted by a nonprofit organization to be treated as an unrelated trade or business for tax purposes.
Allows the refund or credit of any resulting overpayment if a claim is filed before the end of the one-year period beginning on the date of enactment of this Act.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1