S 59 · 112th Congress · Taxation

A bill to treat certain hospital support organizations as qualified organizations for purposes of determining acquisition indebtedness.

Introduced 2011-01-25· 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 S173)(2011-01-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow certain support organizations for tax-exempt teaching hospitals to acquire debt secured by income-producing real property used to provide financial support for such hospitals.…

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