H.R. 2603 — To amend the Internal Revenue Code of 1986 to provide transition relief for nonprofit student loan funding corporations.

Summary

Amends the Internal Revenue Code to provide for the transfer of the assets and liabilities of a tax-exempt scholarship funding corporation in its conversion to a taxable corporation.

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Legislative Actions

1993-07-01
Introduced in House
1993-07-01
Introduced in House
1993-07-01
Sponsor introductory remarks on measure. (CR E1732)
1993-07-01
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to provide transition relief for nonprofit student loan funding corporations.

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Summary

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