Amends the Internal Revenue Code to treat a public library established by State or Federal law as a charitable institution for purposes of the charitable income tax deduction.
Executive Comment Requested from Treasury.
Introduced in Senate
Read second time and referred to Senate Committee on Finance.
Committee on Finance requested executive comment from OMB; Treasury Department.
Subcommittee on Taxation and Debt Management took the following actions.
Subcommittee on Taxation and Debt Management. Hearings held.
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