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 in a previous Congress

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

Sponsor:

Lawrence DeNardis
Representative for Connecticut's 3rd congressional district
Republican

About the bill

Summary (CRS)
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 ...

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What is a bill?

The “H.R.” in “H.R. 5924” means this is a House of Representatives bill in the United States Congress. 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.

History

Introduced
Mar 23, 1982

Details

Cosponsors
31 cosponsors (22R, 9D) (show)
Committee Assignments

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

Votes

There have been no votes related to this bill.

Subject Areas
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Primary Source

THOMAS.gov (The Library of Congress)

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