Pub. L. 86-667 Jul. 14, 1960

74 Stat. 534 · Changed 5 sections of the Code

Bill H.R. 8229

§ 501 Exemption from tax on corporations, certain trusts, etc.

  • (c)(17) Pub. L. 86–667 added par. (17).

§ 503 Requirements for exemption

  • (a)(1) Pub. L. 86–667, § 2(a)(1), denied exemption to an organization described in section 501(c)(17) if it has engaged in a…
  • (a)(2) (b) (d) Pub. L. 86–667, § 2(a)(2), (b), (c), included organizations described in section 501(c)(17).
  • § 503 Pub. L. 86–667, § 2(d), included trusts described in section 501(c)(17).

§ 511 Imposition of tax on unrelated business income of charitable, etc., organizations

  • (a)(2) Pub. L. 86–667, § 3(a), included organizations described in section 501(c)(17) within subpar. (A).
  • (b) Pub. L. 86–667, § 3(b), inserted a reference to section 501(c)(17).

§ 513 Unrelated trade or business

  • (b)(2) Pub. L. 86–667 included trusts described in section 501(c)(17).

§ 514 Unrelated debt-financed income

  • (c)(8) Pub. L. 86–667 added par. (8).