S. 3701 — A bill to provide that income from entertainment activities held in conjunction with a public fair conducted by an organization described in section 501(c), (3) and (5) shall not be unrelated trade or business income and shall not affect the tax exemption of the organization.

Summary

Provides that income from entertainment activities held in conjunction with a public fair conducted by a tax exempt organization shall not be unrelated trade or business income and shall not affect the tax exemption of the organization under the Internal Revenue Code.

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Related Legislation

H.R. 15337A bill to provide that income from entertainment activities held in conjunction with a public fair conducted by an organization described in section 501(c) shall not be unrelated trade or business income and shall not affect the tax exemption of the organization.
1974-06-12Referred to House Committee on Ways and Means.
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Legislative Actions

1974-06-25
Introduced in Senate
1974-06-25
Referred to Senate Committee on Finance.

A bill to provide that income from entertainment activities held in conjunction with a public fair conducted by an organization described in section 501(c), (3) and (5) shall not be unrelated trade or business income and shall not affect the tax exemption of the organization.

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