HR 5312 · 98th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income certain financial assistance furnished to State-insured financial institutions.

Introduced 1984-03-30· 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.(1984-03-30)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from the gross income of financial institutions amounts of money or other property received from the Federal Savings and Loan Insurance Corporation or from any State deposit insurance agency.…

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