Provides for treating certain costs of a private foundation in removing hazardous substances as qualified distributions for purposes of the excise tax on the failure of such foundations to distribute income.
Pocket Vetoed by President.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Reported by the Committee on Ways and Means. H. Rept. 102-717.
Reported by the Committee on Ways and Means. H. Rept. 102-717.
Placed on the Union Calendar, Calendar No. 407.
Mr. Gibbons moved to suspend the rules and pass the bill.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.
On motion to suspend the rules and pass the bill Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and read twice and referred to the Committee on Finance.
See H.R.11.
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