S 2308 · 101th Congress · Taxation

A bill 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 Sen. Exon, J. James [D-NE]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(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

Cosponsors (1)

1 Democrat
Sen. Kerrey, J. Robert [D-NE]NE