# Pub. L. 95-345: changes to the Internal Revenue Code

1978-08-15, 92 Stat. 481. Source: <https://www.govinfo.gov/link/plaw/95/public/345>.

## Legislative history

- Bill: [H.R. 7581](https://www.congress.gov/bill/95th-congress/house-bill/7581)

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

- § 501(c)(12): Pub. L. 95–345 inserted provision relating to applicability of statutory provisions to mutual or cooperative telephone company of income received or accrued from a nonmember telephone company.

## § 509: Private foundation defined

- § 509(e): Pub. L. 95–345 inserted provision relating to payments with respect to securities loans.

## § 512: Unrelated business taxable income

- § 512(a)(5): Pub. L. 95–345, § 2(b), added par. (5).
- § 512(b)(1): Pub. L. 95–345, § 2(a)(2), inserted provision relating to payments with respect to securities loans.

## § 514: Unrelated debt-financed income

- § 514(c)(8): Pub. L. 95–345 added par. (8).

## § 851: Definition of regulated investment company

- § 851(b)(2): Pub. L. 95–345 inserted provision relating to payments with respect to securities loans.

## § 1058: Transfers of securities under certain agreements

- Enacted 26 U.S.C. § 1058.

## § 1063: Cross references


## § 1382: Taxable income of cooperatives

- § 1382(g): Pub. L. 95–345 added subsec. (g).

## § 4940: Excise tax based on investment income

- § 4940(c)(2): Pub. L. 95–345 inserted provision relating to payments with respect to securities loans.