HR 4626 · 93th Congress · Taxation

A bill to amend section 411(c) of the Tax Reform Act of 1969.

Introduced 1973-02-22· Sponsored by Rep. Fulton, Richard [D-TN-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-02-22)

Plain Language Summary

[AI summary unavailable — showing source text] Provides that the provisions of the Tax Reform Act of 1969 relating to the interest or indebtedness incurred by a corporation to acquire the assets of another corporation shall not apply to such indebtedness before January 1, 1980, where the issuing corporation falls within guidelines set by this Act.…

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