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 4 percent to 2 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. 1977-10-13

   Introduced in Senate

2. 1977-10-13

   Referred to Senate Committee on Finance.