Summary: H.R.2525 — 104th Congress (1995-1996)All Information (Except Text)

There is one summary for H.R.2525. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (10/24/1995)

Charitable Gift Annuity Antitrust Relief Act of 1995 - Declares that it shall not be unlawful under any Federal antitrust law, or a similar State law, for two or more persons that are exempt (as a corporation or community chest, fund, or foundation, organized and operated exclusively for religious, charitable, scientific, educational, or other specified purposes) from taxation under the Internal Revenue Code to use, or agree to use, the same annuity rate for the purpose of issuing one or more charitable gift annuities, except where expressly provided otherwise by a State law enacted within three years after enactment of this Act.