S.1879: Section 501(c)(3) Nonprofit Organizations Tax-Exempt Bond Reform Act of 1996

About This Bill

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Summary

Section 501(c)(3) Nonprofit Organizations Tax-Exempt Bond Reform Act of 1996 - Amends the Internal Revenue Code to provide for the tax treatment of bonds of certain nonprofit tax-exempt organizations in a manner similar to governmental bonds.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
Sponsor introductory remarks on measure.
June 14, 1996

Introduced in the Senate by Daniel Patrick Moynihan (D-N.Y.)

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