legislation: 98-s-909

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
98-s-909 98 s 909 A bill to provide special rules for the application of sections 4942 and 4943 of the Internal Revenue Code of 1954 to any private foundation the principal asset of which is a bank holding company. Social Sciences and History 1983-03-23 1983-03-31 Committee on Finance requested executive comment from OMB, Treasury Department. Senate Sen. Durenberger, Dave [R-MN] MN R D000566 1 Provides special rules for determining whether a private foundation's ownership interest in a bank holding company qualifies as an interest in a business enterprise, for purposes of the penalty tax on the excess business holdings of private foundations. Extends the period for the required distribution of private foundation income for taxable years ending on or after June 30, 1974. 2025-01-03T20:55:56Z  

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