HR 676
98th Congress
House
Taxation
Business income tax
Education
Educational policy
Income tax
Tax-deferred compensation plans
Tax-exempt organizations
A bill to amend the Internal Revenue Code of 1954 to provide that certain indebtedness incurred by educational organizations in acquiring or improving real property shall not be treated as acquisition indebtedness for purposes of the tax on unrelated business taxable income.
Introduced: January 6, 1983
See on congress.gov
Everywhere this bill has been
5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 27, 1984
See H.R.4170.
Apr 12, 1984
Subcommittee Hearings Held.
Mar 22, 1984
Referred to Subcommittee on Select Revenue Measures.
Jan 6, 1983
Referred to House Committee on Ways and Means.
Jan 6, 1983
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to provide that indebtedness incurred by certain educational organizations or deferred compensation plans in acquiring or improving real property shall not be treated as acquisition indebtedness for purposes of the tax on unrelated business taxable income.
What's happening now
See H.R.4170.
Committees of jurisdiction
2
Cosponsors
1