S. 232 — A bill to amend the Internal Revenue Code of 1954 to add a new subsection dealing with exchanges and rentals of names from donor lists and membership lists.

Summary

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

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Legislative Actions

1985-01-22
Introduced in Senate
1985-01-22
Read twice and referred to the Committee on Finance.
1985-01-25
Committee on Finance requested executive comment from OMB, Treasury Department.

A bill to amend the Internal Revenue Code of 1954 to add a new subsection dealing with exchanges and rentals of names from donor lists and membership lists.

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Summary

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