S 2264 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code to clarify the tax status of income from lending of securities by exempt organizations.

Introduced 1977-10-29· Sponsored by Sen. Packwood, Bob [R-OR]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1977-10-29)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to specify the tax status of income earned by tax exempt organizations from the lending of securities.…

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

Cosponsors (1)

1 Democrat
Sen. Ribicoff, Abraham A. [D-CT]CT