HR 1161
104th Congress
House
Taxation
Charities
Commerce
Government Operations and Politics
Income tax
Intellectual property
Sales promotion
Signs and symbols
Tax-exempt organizations
Trademarks
Unrelated business income tax
To amend the Internal Revenue Code of 1986 to provide an exclusion from unrelated business taxable income for certain sponsorship payments.
Introduced: March 8, 1995
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 1995
Committee Hearings Held.
Jul 11, 1995
Committee Hearings Held.
Mar 8, 1995
Referred to the House Committee on Ways and Means.
Mar 8, 1995
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to declare that unrelated trade or business does not include the activity of soliciting and receiving qualified sponsorship payments for purposes of the tax on unrelated business income of charitable and other tax-exempt organizations.
What's happening now
Committee Hearings Held.
Committees of jurisdiction
1