H.R. 4075 — A bill to amend the Internal Revenue Code of 1954 to exempt from taxation corporations which acquire and manage real property for certain other exempt organizations, and for other purposes.

Summary

Amends the Internal Revenue Code to grant tax-exempt status to corporations which acquire and manage real property for certain other tax-exempt organizations. Exempts such corporations from the application of the acquisition indebtedness rules applicable to the unrelated business income of tax-exempt organizations.

Full Text

Related Legislation

H.R. 4170Deficit Reduction Act of 1984
1984-07-18Became Public Law No: 98-369.
Related
S. 1815A bill to amend the Internal Revenue Code of 1954 to exempt from taxation corporations which acquire and manage real property for certain other exempt organizations, and for other purposes.
1983-09-26Subcommittee on Taxation and Debt Management. Hearings held. Hearings printed: S.Hrg. 98-527.
Related

Legislative Actions

1983-10-04
Introduced in House
1983-10-04
Introduced in House
1983-10-04
Referred to House Committee on Ways and Means.
1984-06-27
See H.R.4170.

A bill to amend the Internal Revenue Code of 1954 to exempt from taxation corporations which acquire and manage real property for certain other exempt organizations, and for other purposes.

Sponsors

Subjects

Summary

Full Text

Related Legislation

Legislative Actions

Ask about this bill