H.R.778: To amend the Internal Revenue Code of 1986 to provide for the treatment of certain amounts received by cooperative telephone companies.

About This Bill

  • Introduced Feb. 3, 1993
  • Latest Major Action Feb. 4, 1993

Bill Cosponsors

82 (57 Democrats, 25 Republicans)

Bill Summary

Amends the Internal Revenue Code with respect to the tax-exempt status of a cooperative telephone company to provide for the tax treatment of income received from a nonmember telephone company for services by the cooperative which are indirectly paid for by members of the cooperative. Includes billing and collection services for a nonmember telephone company under such treatment. Provides for the tax treatment of account reserve income that...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
For Previous Action See H.R.614.
Sponsor introductory remarks on measure.
Feb. 3, 1993

Introduced in the House by Michael J. Kopetski (D-Ore.)

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