HR 1707 · 106th Congress · Taxation
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
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1999-05-05)
Plain Language Summary
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Amends the Internal Revenue Code to provide that the conducting of certain games of chance conducted by qualifying tax exempt or nonprofit organizations 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 (13)
9 Democrats4 Republicans