H.R. 2846 — To amend the Internal Revenue Code of 1986 to provide comparable unrelated business taxable income treatment to tax exempt organizations which hold interests in S corporations to the treatment as is provided to such organizations for interests held in partnerships. | PoliFocus
H.R. 2846107th Congress
To amend the Internal Revenue Code of 1986 to provide comparable unrelated business taxable income treatment to tax exempt organizations which hold interests in S corporations to the treatment as is provided to such organizations for interests held in partnerships.
Amends the Internal Revenue Code to require tax exempt organizations to treat unrelated business taxable S corporation income in the same manner as unrelated business taxable partnership income.
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Legislative Actions
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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