H.R. 7460 — A bill to amend the Internal Revenue Code of 1954 to treat the conducting of certain games by tax-exempt organizations as not being an unrelated trade or business.

Summary

Amends the Internal Revenue Code to exempt certain gambling activities conducted by tax exempt organizations from treatment as unrelated business activities.

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S. 1606A bill to amend the Internal Revenue Code of 1954 to treat the conducting of certain games by tax-exempt organizations as not being an unrelated trade or business.
1977-05-25Referred to Senate Committee on Finance.
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1977-05-26
Introduced in House
1977-05-26
Introduced in House
1977-05-26
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to treat the conducting of certain games by tax-exempt organizations as not being an unrelated trade or business.

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