H.R.1908: To amend the Internal Revenue Code of 1986 to modify the tax treatment of cooperative housing corporations.

About This Bill

  • This bill was introduced in the 103rd Congress
  • This bill is primarily about housing and community development
  • Introduced April 28, 1993
  • Latest Major Action July 13, 1993

Bill Summary

Amends the Internal Revenue Code to exclude certain cooperative housing corporations from the rule allowing limited deductions incurred by certain membership organizations in transactions with their members. Prohibits such corporations from using patronage losses to offset earnings which are not patronage earnings.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Hearing Held on Issue by Subcommittee on Select Revenue Measures.
April 28, 1993

Introduced in the House by Charles B. Rangel (D-N.Y.)

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