HR 5559 · 94th Congress · Taxation
A bill to amend section 883 (a) of the Internal Revenue Code to provide for exclusion of income from the temporary rental of railroad rolling stock of foreign corporations.
Bill Progress
1
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Motion to override veto failed of passage in House, roll call #808 (265-157).(1975-12-18)
Recorded Votes
FailedHouse · 1975-12-18
Yea 265Nay 157
FailedHouse · 1975-12-18
Yea 265Nay 157
FailedHouse · 1975-12-16
Yea 256Nay 160
PassedHouse · 1975-12-16
Yea 256Nay 160
PassedSenate · 1975-12-15
Yea 73Nay 19
PassedSenate · 1975-12-15
Yea 73Nay 19
Plain Language Summary
[AI summary unavailable — showing source text]
Provides, under the Internal Revenue Code, that income from the temporary rental of railroad rolling stock by foreign corporations shall be excluded from gross income for tax purposes, provided the foreign corporation grants an equivalent exemption to corporations organized in the United States.…
Summarized by Claude AI · Non-partisan · For informational purposes only