HR 4942 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that the payment of certain dividends by a cemetery corporation shall not deny such corporation its exemption under section 501(c)(13) of such Code.

Introduced 1979-07-24· Sponsored by Rep. Rahall, Nick J., II [D-WV-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-07-24)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to permit tax-exempt cemetery corporations to issue preferred stock and to pay dividends on such stock.…

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