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- H.R.3369
H.R.3369: To amend the Internal Revenue Code of 1986 to exempt certain Small Business Administration financing from the provisions of section 514 of such Code.
About This Bill
- This bill was introduced in the 103rd Congress
- This bill is primarily about taxation
- Introduced Oct. 26, 1993
- Latest Major Action Oct. 26, 1993
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code with respect to unrelated debt-financed income of tax-exempt organizations to provide that acquisition indebtedness does not include any participating or other security issued by a licensed small business investment company if such security is purchased or guaranteed by the Small Business Administration.
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| Oct. 26, 1993 |
Introduced in the House by Charles B. Rangel (D-N.Y.) |