HR 15913 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 with respect to the excise tax on investment income of private foundations.

Introduced 1974-07-16· Sponsored by Rep. Chamberlain, Charles E. [R-MI-6]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-07-16)

Plain Language Summary

[AI summary unavailable — showing source text] Decreases from 4 to 2 percent the excise tax on investment income of private foundations, under the Internal Revenue Code. (Amends 26 U.S.C. 4940(a))…

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