A bill to amend section 4940 of the Internal Revenue Code of 1954 to reduce the excise tax based on the investment income of private foundations from four percent to two percent.

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Related Legislation

• H.R. 8343A bill to amend section 4940 of the Internal Revenue Code of 1954 to reduce the excise tax based on the investment income of private foundations from 4 percent to 2 percent.

  1977-07-15Referred to House Committee on Ways and Means.

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Legislative Actions

1. 1977-12-15

   Introduced in House

2. 1977-12-15

   Introduced in House

3. 1977-12-15

   Referred to House Committee on Ways and Means.