HR 7587 · 94th Congress · Taxation

A bill to repeal the income tax exemption of DISC's, and to comply with the directives of the congressional budget resolution for fiscal 1976.

Introduced 1975-06-04· Sponsored by Rep. Gibbons, Sam [D-FL-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-06-04)

Plain Language Summary

[AI summary unavailable — showing source text] Repeals the tax exemption for a Domestic International Sales Corporation effective with any taxable year ending after June 30, 1975.…

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