S 1155 · 95th Congress · Taxation

A bill to amend the Tax Reform Act of 1976 to correct an inadvertent omission.

Introduced 1977-03-29· Sponsored by Sen. Curtis, Carl T. [R-NE]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1977-03-29)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Tax Reform Act of 1976 to stipulate that certain Internal Revenue Code provisions pertaining to the recapture of foreign losses shall not apply to losses incurred in a possession of the United States in taxable years beginning before January 1, 1979.…

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