S 1135 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to reduce the excise tax based on investment income of private foundations.

Introduced 1973-03-08· Sponsored by Sen. Bartlett, Dewey F. [R-OK]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1973-03-08)

Plain Language Summary

[AI summary unavailable — showing source text] Reduces the excise tax based on investment income of private foundations from 4 percent to 1 percent under the Internal Revenue code.…

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