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HR 537 103th Congress House Taxation Business losses Cooperative housing Cooperative societies Corporation taxes Earnings Housing and Community Development Income tax Tax administration Tax deductions

Housing Co-op Tax Correction Act of 1993

Introduced: January 21, 1993 Introduced by: Schumer, Charles E. Democratic · New York See on congress.gov
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This bill died when the 103rd Congress ended
It never became law before the 103rd Congress (1993–1994) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 13, 1993
Hearing Held on Issue by Subcommittee on Select Revenue Measures.
Jan 21, 1993
Referred to the House Committee on Ways and Means.
Jan 21, 1993
Introduced in House
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 Plain-English summary Congressional Research Service

Housing Co-op Tax Correction Act of 1993 - Amends the Internal Revenue Code to exclude cooperative housing corporations from the limitations on deductions incurred by certain membership organizations in transactions with their members.

Prohibits patronage losses of an organization from being used to offset earnings which are not patronage earnings. Specifies earnings to be treated as patronage earnings in the case of cooperative housing corporations.

What's happening now July 13, 1993

Hearing Held on Issue by Subcommittee on Select Revenue Measures.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Nadler, Jerrold
New York · May 6, 1993
 D
Velázquez, Nydia M.
New York · May 6, 1993
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 537: Housing Co-op Tax Correction Act of 1993. 103rd Congress. Open America. https://openamerica.io/bill/103-HR-537/
MLA
"H.R. 537: Housing Co-op Tax Correction Act of 1993." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-HR-537/.
Bluebook (legal)
H.R. 537, 103rd Cong. (2026), https://openamerica.io/bill/103-HR-537/.
Markdown link
[H.R. 537: Housing Co-op Tax Correction Act of 1993](https://openamerica.io/bill/103-HR-537/)
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