S 651 · 105th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to provide that the conducting of certain games of chance shall not be treated as an unrelated trade or business.

Introduced 1997-04-25· Sponsored by Sen. Grams, Rod [R-MN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(1997-04-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that the conducting of certain games of chance shall not be treated as an unrelated trade or business for purposes of the tax imposed on tax-exempt organizations.…

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

Cosponsors (2)

1 Democrat1 Republican