HR 12546 · 94th Congress · Taxation

A bill to amend section 101(1)(2) of the Tax Reform Act of 1969.

Introduced 1976-03-16· Sponsored by Rep. Karth, Joseph E. [D-MN-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1976-03-16)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exempt until January 1, 1977, specified sales, exchanges, or other dispositions of property by a private foundation to a disqualified person from the five percent tax on all self-dealing.…

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