HR 2258 · 93th Congress · Fraternal organizations

A bill to amend the Internal Revenue Code of 1954 to exempt certain organizations from private foundation status.

Introduced 1973-01-18· Sponsored by Rep. Brotzman, Donald G. [R-CO-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-01-18)

Plain Language Summary

[AI summary unavailable — showing source text] Excludes from the definition of "private foundation" under the Internal Revenue Code of 1954 those private foundation status for fraternal beneficiary societies and domestic fraternal societies which perform specified functions and which were incorporated before June 1, 1939. (Amends 26 U.S.C. 509(a))…

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