HR 13842 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code.

Introduced 1976-05-18· Sponsored by Rep. D'Amours, Norman E. [D-NH-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1976-05-18)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from the definition of a "capital asset", property used in, or related to, a taxpayer's trade or business, which was provided to or acquired by him at no cost to him.…

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