HR 7460 · 95th Congress · Gambling
A bill to amend the Internal Revenue Code of 1954 to treat the conducting of certain games by tax-exempt organizations as not being an unrelated trade or business.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1977-05-26)
Plain Language Summary
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Amends the Internal Revenue Code to exempt certain gambling activities conducted by tax exempt organizations from treatment as unrelated business activities.…
Summarized by Claude AI · Non-partisan · For informational purposes only