Congress: 98th

Sponsor: Representative Shannon, James M. (01/06/1983)

Committees: House - Ways and Means

Description: A bill to amend the Internal Revenue Code of 1954 to provide that certain indebtedness incurred by educational organizations in acquiring or improving real property shall not be treated as acquisition indebtedness for purposes of the tax on unrelated business taxable income.

Lastest Action: 06/27/1984 See H.R.4170.  (All Actions)

Official: H.R.676 -- 98th Congress