S 2216 · 95th Congress · Income tax

A bill to amend the Internal Revenue Code of 1954 to equalize the treatment of charitable contributions and investment tax credit for certain cooperatives and their members.

Introduced 1977-10-19· 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.(1977-10-19)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the limitations on charitable deductions and investment tax credits taken by cooperative corporations. Allows cooperatives to allocate their investment tax credits among their patrons.…

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

Cosponsors (1)

1 Democrat
Sen. Nelson, Gaylord [D-WI]