HR 5755 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to treat certain income derived by tax-exempt organizations from investments in farmland as unrelated business taxable income.

Introduced 1977-03-30· Sponsored by Rep. Bedell, Berkley W. [D-IA-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-03-30)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to tax the unrelated income of tax-exempt organizations which is derived from farm real property.…

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