S 2908 · 98th Congress · Taxation
A bill to correct a flaw in the UBTI provisions of the Internal Revenue Code.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Finance requested executive comment from OMB, Treasury Department.(1984-08-20)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Internal Revenue Code to provide that income derived by congressionally chartered organizations and certain nonprofit organizations from the rental or exchange of mailing lists with another nonprofit organization shall not be considered unrelated business taxable income.…
Summarized by Claude AI · Non-partisan · For informational purposes only