S 3482 · 94th Congress · Taxation

A bill to amend section 4942(g) (2) of the Internal Revenue Code.

Introduced 1976-05-25· Sponsored by Sen. Case, Clifford P. [R-NJ]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1976-05-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to eliminate the requirement that amounts set-aside by a private foundation for a specific project receive the approval of the Internal Revenue Service in order to be treated as qualifying distributions by the foundation making the set-aside.…

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

Cosponsors (1)

1 Democrat