A bill to provide that income from certain public entertainment activities conducted by organizations described in section 501(c) (3), (4), or (5) shall not be unrelated trade or business income and shall not affect the tax exemption of the organization.

[AI summary unavailable — showing source text] Provides, under the Internal Revenue Code, that income from specified public entertainment activities conducted by charitable or nonprofit organizations shall not be unrelated trade or business income and shall not affect the tax exemption of the organization.…