HR 1153 · 95th Congress · Taxation

A bill to exempt from Federal income taxation certain nonprofit corporations all of whose members are tax-exempt credit unions.

Introduced 1977-01-04· Sponsored by Rep. Pickle, J. J. [D-TX-10]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-01-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exempt corporations organized solely to provide reserves and deposit insurance for credit unions from the income tax.…

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