S 1544 · 95th Congress · Taxation

A bill to amend section 501 (c) of the Internal Revenue Code of 1954.

Introduced 1977-05-17· Sponsored by Sen. Morgan, Robert B. [D-NC]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1977-05-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the number of mutual deposit guaranty funds qualifying as tax exempt organizations and to allow such organizations to provide reserve funds for, and insure deposits in both savings and loan associations and credit unions.…

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

Cosponsors (3)

1 Democrat2 Republicans