S 83 · 109th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to provide tax relief for the conversion of cooperative housing corporations into condominiums.

Introduced 2005-01-24· Sponsored by Sen. Inouye, Daniel K. [D-HI]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S255)(2005-01-24)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide for the nonrecognition of gain or loss resulting from certain distributions by cooperative housing corporations to their stockholders.…

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