S 1097 · 93th Congress · Government Operations and Politics
A bill to amend the Internal Revenue Code of 1954 to provide that political contributions are not subject to the gift tax.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1973-03-06)
Plain Language Summary
[AI summary unavailable — showing source text]
Provides that political contributions are not subject to the gift tax under the Internal Revenue Code of 1954. (Amends 26 U.S.C. 2503(b))…
Summarized by Claude AI · Non-partisan · For informational purposes only