H.R. 2504 (98th): A bill to amend the Internal Revenue Code of 1954 to provide that gross income does not include interest on obligations issued by certain educational organizations.

Introduced:
Apr 12, 1983 (98th Congress, 1983–1984)
Sponsor:
Rep. Richard Schulze [R-PA5]
Status:
Died (Reported by Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on October 4, 1983, in a previous session of Congress, but was not enacted.

Progress
Introduced Apr 12, 1983
Reported by Committee Oct 04, 1983
Cosponsors
1 cosponsors (1D) (show)
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Summary

No summaries available.

Text

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Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

4/12/1983--Introduced.
Amends the Internal Revenue Code to provide that gross income does not include interest on securities issued by certain educational organizations. Requires such educational organizations to: (1) grant baccalaureate or higher degrees; and (2) be a college or university created by specific act of the legislature of the State within which such college or university is located and for which such legislature has regularly made appropriations.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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