HR 4320 · 101th Congress · Taxation

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 1990-03-20· Sponsored by Rep. Hoagland, Peter [D-NE-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1990-03-20)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only