A bill to amend the Internal Revenue Code of 1986 to treat transfers of appreciated property to certain tax-exempt organizations the same as transfers of appreciated property to political organizations.
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Summary
Based on the bill's title, this measure would amend the Internal Revenue Code to provide tax treatment for transfers of appreciated property to certain tax-exempt organizations that is equivalent to the treatment currently afforded to transfers of appreciated property to political organizations. The specific tax-exempt organizations covered and the nature of the tax treatment change are not clear from the title alone.
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How your representatives voted
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