S. 2947 — A bill to amend the Internal Revenue Code of 1954 with respect to the unrelated business taxable income of certain nonprofit charitable organizations.

Summary

Amends the Internal Revenue Code to exclude from the tax imposed on unrelated business income any income received by a tax-exempt organization from the sale, exchange, or rental of names from donor lists or membership lists.

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H.R. 7025A bill to amend the Internal Revenue Code of 1954 with respect to the unrelated business taxable income of certain nonprofit charitable organizations.
1982-08-19Referred to House Committee on Ways and Means.
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Legislative Actions

1982-09-23
Introduced in Senate
1982-09-23
Read twice and referred to the Committee on Finance.
1982-09-27
Committee on Finance requested executive comment from OMB; Treasury Department.

A bill to amend the Internal Revenue Code of 1954 with respect to the unrelated business taxable income of certain nonprofit charitable organizations.

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