S 1960 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exempt from Federal income taxation a trust established by a taxpayer for the purpose of providing care for certain mentally incompetent relatives of the taxpayer.

Introduced 1975-06-17· Sponsored by Sen. Moss, Frank E. [D-UT]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1975-06-17)

Plain Language Summary

[AI summary unavailable — showing source text] Exempts from Federal income taxation a trust established by a taxpayer for the purpose of providing care for specified mentally incompetent relatives of the taxpayer.…

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

Cosponsors (3)

1 Democrat2 Republicans