S 1279 · 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 1979-06-05· Sponsored by Sen. Pressler, Larry [R-SD]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1979-06-05)

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