HR 6353 · 97th Congress · Taxation

A bill entitled: "The Educational Organization Investment Act".

Introduced 1982-05-11· Sponsored by Rep. Shannon, James M. [D-MA-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1982-05-11)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that certain indebtedness incurred by qualified educational organizations in acquiring or improving real property shall not be treated as acquisition indebtedness for purposes of the tax on unrelated business taxable income.…

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

Cosponsors (7)

5 Democrats2 Republicans