Congress: 98th

Sponsor: Senator Armstrong, William L. (06/27/1983)

Committees: Senate - Finance

Description: A bill to amend the Internal Revenue Code of 1954 to permit individual retirement accounts, qualified retirement trusts and certain educational organizations to invest in working interests in oil and gas properties without incurring unrelated business taxable income.

Lastest Action: 08/01/1983 Subcommittee on Taxation and Debt Management. Hearings held. Hearings printed: S.Hrg. 98-499.  (All Actions)

Official: S.1549 -- 98th Congress