HR 785 · 102th Congress · Taxation
To amend the Internal Revenue Code of 1986 to make it clear that housing cooperatives are exempt from the provisions of section 277 of such Code.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1991-02-04)
Plain Language Summary
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Amends the Internal Revenue Code to exempt cooperative housing corporations from provisions which limit the deductibility of transactions attributable to furnishing services, insurance, goods, or other items of value to members.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
15 Democrats5 Republicans