HR 5585 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 with respect to exemption from income taxation of certain mutual deposit guaranty funds.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1979-10-12)
Plain Language Summary
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Amends the Internal Revenue Code to revise the definition of tax-exempt mutual financial organization (e.g. credit unions) to include corporations and associations organized before January 1, 1963 (previously September 1, 1957).…
Summarized by Claude AI · Non-partisan · For informational purposes only