A bill to amend the Internal Revenue Code of 1954 to provide, for purposes of determining the unrelated business taxable income of certain tax-exempt organizations and trusts, that such income does not include gains or losses from the sale of certain real property to the lessee of such property.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from the determination of the unrelated business income of certain tax-exempt organizations gains and losses from the sale of real property to long term lessees if such sale is treated under local law as an involuntary conversion.…