HR 1449 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that the requirement of filing certain returns and the tax on unrelated business income shall not apply to certain nonprofit social clubs, domestic fraternal societies, and veterans organizations.

Introduced 1973-01-06· Sponsored by Rep. Talcott, Burt L. [R-CA-12]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-01-06)

Plain Language Summary

[AI summary unavailable — showing source text] Provides that under the Internal Revenue Code the tax on unrelated business income shall not apply to nonprofit social clubs, domestic fraternal societies, and veterans organizations. (Amends 26 U.S.C. 6033, 511, 512)…

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