A bill to amend the Internal Revenue Code of 1954 to provide an exemption from income taxation for certain income of condominium housing associations, home-owner associations, and cooperative housing corporations.

1/1
Status In Committee
Sponsor John Beall
Citation 94-S-63
Actions 2
Introduced Jan 15th, 1975
Cosponsors
6 5 1
Last Action Jan 15th, 1975
Policy Area
✓
Introduced Senate Jan 15
Senate
House
President
Enacted

Summary

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What this bill does

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Provides, under the Internal Revenue Code, an exclusion from income taxation for income of condominium housing associations, homeowner associations, and cooperative housing corporations operated for the management, maintenance, landscaping, and repair of common areas and dwellings.

Actions

2
Senate
INTRODUCED
INTRODUCED
Jan 15, 1975
ON FLOOR
REFERRED TO COMMITTEE
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