H.R. 5924 (97th): A bill to amend the Internal Revenue Code of 1954 to deny all deductions and credits in connection with carrying on illegal drug or other business activity if the taxpayer is convicted of a Federal felony for engaging in such activity.

Introduced:
Mar 23, 1982 (97th Congress, 1981–1982)
Status:
Died (Referred to Committee)
Sponsor
Lawrence DeNardis
Representative for Connecticut's 3rd congressional district
Party
Republican
 
Status

This bill was introduced on March 23, 1982, in a previous session of Congress, but was not enacted.

Progress
Introduced Mar 23, 1982
Referred to Committee Mar 23, 1982
 
Summary

No summaries available.

Cosponsors
31 cosponsors (22R, 9D) (show)
Committees

House Ways and Means

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

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

Widget

Get a bill status widget for your website »

Citation

Click a format for a citation suggestion:

Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

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


3/23/1982--Introduced.
Amends the Internal Revenue Code to disallow either an income tax deduction or credit for expenditures made in connection with the illegal sale of drugs or in connection with other business activities for which a taxpayer is convicted of a Federal felony.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

Use the comment space below for discussion of the merits of H.R. 5924 (97th) with other GovTrack users.
Your comments are not read by Congressional staff.

comments powered by Disqus