HR 8848 · 95th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to exclude from unrelated business taxable income amounts derived by any college or university from the broadcasting of any sporting event.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1977-08-05)
Plain Language Summary
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Amends the Internal Revenue Code to exclude from taxable unrelated income, income derived by tax exempt colleges, universities and their wholly owned corporations from the broadcasting of sporting events.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
11 Democrats9 Republicans