H.R. 1914 — To amend the Internal Revenue Code of 1986 to permit cooperatives to pay dividends on preferred stock without reducing patronage dividends. | PoliFocus
H.R. 1914106th Congress
To amend the Internal Revenue Code of 1986 to permit cooperatives to pay dividends on preferred stock without reducing patronage dividends.
Amends the Internal Revenue Code to provide that the patronage dividends of cooperatives shall not be reduced by stock dividends to the extent the stock dividends are in addition to amounts otherwise payable.
Full Text
Legislative Actions
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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