S. 2308 — A bill to provide that certain games of chance conducted by a nonprofit organization not be treated as an unrelated trade or business of such organization.

Summary

Repeals the provision of the Tax Reform Act of 1986 that requires certain games of chance conducted by a nonprofit organization to be treated as an unrelated trade or business for tax purposes.

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Related Legislation

H.R. 4320To provide that certain games of chance conducted by a nonprofit organization not be treated as an unrelated trade or business of such organization.
1990-03-20Referred to the House Committee on Ways and Means.
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Legislative Actions

1990-03-20
Introduced in Senate
1990-03-20
Read twice and referred to the Committee on Finance.

A bill to provide that certain games of chance conducted by a nonprofit organization not be treated as an unrelated trade or business of such organization.

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