S 1485 · 95th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to exempt certain organizations from private foundation status.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1977-05-11)
Plain Language Summary
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Amends the Internal Revenue Code to exempt certain incorporated fraternal organizations and lodges from the special tax rules applicable to private foundations.…
Summarized by Claude AI · Non-partisan · For informational purposes only