HR 4753 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 with respect to the amount which certain private foundations are required to distribute.

Introduced 1979-07-11· Sponsored by Rep. Frenzel, Bill [R-MN-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-07-11)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to eliminate adjusted net income as a standard for determining the amount which a private foundation is required to distribute in a taxable year.…

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

Cosponsors (1)

1 Republican
Rep. Gradison, Willis D., Jr. [R-OH-1]