HR 7113 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 with respect to the definition of unrelated business income.

Introduced 1973-04-17· Sponsored by Rep. Rostenkowski, Dan [D-IL-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-04-17)

Plain Language Summary

[AI summary unavailable — showing source text] Excludes income from the issuance of options to buy or sell property from the definition of unrelated business income for income tax purposes. (Amends 26 U.S.C. 512(b)(5))…

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