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.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(1997-04-25)
Plain Language Summary
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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