US SB59 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 25 2011 - 25% progression, died in committee
Action: 2011-01-25 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S173)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 25 2011 - 25% progression, died in committee
Action: 2011-01-25 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S173)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to allow certain support organizations for tax-exempt teaching hospitals to acquire debt secured by income-producing real property used to provide financial support for such hospitals.
Title
A bill to treat certain hospital support organizations as qualified organizations for purposes of determining acquisition indebtedness.
Sponsors
| Sen. Daniel Inouye [D-HI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-25 | Senate | Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S173) |
| 2011-01-25 | Senate | Sponsor introductory remarks on measure. (CR S172-173) |
Subjects
Financial services and investments
Health facilities and institutions
Real estate business
Social work, volunteer service, charitable organizations
Tax-exempt organizations
Taxation
Health facilities and institutions
Real estate business
Social work, volunteer service, charitable organizations
Tax-exempt organizations
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/senate-bill/59/all-info |
| Text | https://www.congress.gov/112/bills/s59/BILLS-112s59is.pdf |
