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- H.R.1546
H.R.1546: Housing Co-op Tax Correction Act of 1995
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced May 2, 1995
- Latest Major Action July 12, 1995
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
17 (All Democrats)
Bill Summary
Housing Co-op Tax Correction Act of 1995 - Amends the Internal Revenue Code to exclude cooperative housing corporations from the limitations on deductions incurred by certain membership organizations in transactions with their members. Prohibits patronage losses of an organization from being used to offset earnings which are not patronage earnings. Specifies earnings to be treated as patronage earnings in the case of cooperative housing...
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Ways and Means.
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Committee Hearings Held.
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Committee Hearings Held.
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| May 2, 1995 |
Introduced in the House by Charles E. Schumer (D-N.Y.) |