H.R. 217 · 109th Congress

To amend the Internal Revenue Code of 1986 to repeal the 2 percent excise tax on the net investment income of tax-exempt foundations.

Stage
In committee
Introduced
2005-01-04
Latest action
2005-01-04 · Introduced in House

Summary

Amends the Internal Revenue Code to repeal the two percent excise tax on the net investment income of tax-exempt foundations.