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S 1183 98th Congress Senate 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: April 28, 1983 See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 3, 1983
Subcommittee on Taxation and Debt Management. Hearings held.
May 3, 1983
Committee on Finance requested executive comment from OMB, Treasury Department.
Apr 28, 1983
Read twice and referred to the Committee on Finance.
Apr 28, 1983
Introduced in Senate
 Plain-English summary Congressional Research Service

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 income.

What's happening now August 3, 1983

Subcommittee on Taxation and Debt Management. Hearings held.

 Committees of jurisdiction 2