Summary: H.R.3501 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.3501. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/07/2007)

Amends Internal Revenue Code provisions relating to the tax on the unrelated business income of tax-exempt organizations to exempt from treatment as acquisition indebtedness (subject to the unrelated business income tax) indebtedness incurred or continued by a limited partnership in a partnership to purchase or carry certain securities or commodities.