HR 1914 · 106th Congress · Taxation
To amend the Internal Revenue Code of 1986 to permit cooperatives to pay dividends on preferred stock without reducing patronage dividends.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1999-05-24)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Internal Revenue Code to provide that the patronage dividends of cooperatives shall not be reduced by stock dividends to the extent the stock dividends are in addition to amounts otherwise payable.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (5)
1 Democrat4 Republicans