HR 4943 · 99th Congress · Taxation

A bill to repeal the application of Revenue Ruling 86-63, relating to the deductibility of contributions to university athletic funds.

Introduced 1986-06-05· Sponsored by Rep. Dicks, Norman D. [D-WA-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1986-06-05)

Plain Language Summary

[AI summary unavailable — showing source text] Provides that the Internal Revenue Code shall be applied without regard to Revenue Ruling 86-63 or any similar regulation. (Revenue Ruling 86-63 provides that no charitable contribution will be allowed for donations to university athletic scholarship funds if the donor receives the right to purchase season tickets on a preferential basis.)…

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

Cosponsors (2)

2 Democrats
Rep. Pickle, J. J. [D-TX-10]TX
Rep. Leath, Marvin [D-TX-11]TX