A bill to amend the Internal Revenue Code of 1954 to provide that the payment of certain dividends by a cemetery corporation shall not deny such corporation its exemption under section 501 (c) (13) of such Code.

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Status In Committee
Sponsor Larry Pressler
Citation 96-S-1279
Actions 2
Introduced Jun 5th, 1979
Cosponsors
Last Action Jun 5th, 1979
Policy Area
✓
Introduced Senate Jun 5
Senate
House
President
Enacted

Summary

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What this bill does

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Amends the Internal Revenue Code to permit tax-exempt cemetery corporations to issue preferred stock and to pay dividends on such stock.

Actions

2
Senate
INTRODUCED
INTRODUCED
Jun 5, 1979
ON FLOOR
REFERRED TO COMMITTEE
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