S 1380 · 98th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 with respect to the tax treatment of business development companies.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Finance requested executive comment from OMB, Treasury Department.(1983-05-31)
Plain Language Summary
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Amends the Internal Revenue Code to treat "business development companies" (as defined by the Investment Company Act of 1940) as regulated investment companies for income tax purposes.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (3)
2 Democrats1 Republican