HR 15396 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that condominium owners' or homeowners' associations will not be taxed on receipt of membership income.

Introduced 1974-06-13· Sponsored by Rep. Karth, Joseph E. [D-MN-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-06-13)

Plain Language Summary

[AI summary unavailable — showing source text] Provides, under the Internal Revenue Code, that condominium owners' or homeowners' associations will not be taxed on receipt of membership income.…

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