HR 5024 · 93th Congress · Arts, Culture, Religion

A bill to amend section 509 of the Internal Revenue Code of 1954, to exempt libraries from the definition of private foundations.

Introduced 1973-03-01· Sponsored by Rep. Clancy, Donald D. [R-OH-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-03-01)

Plain Language Summary

[AI summary unavailable — showing source text] Exempts libraries from the definition of private foundations for treatment purposes under Internal Revenue Code of 1954. (Amends 26 U.S.C. 509)…

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