3176

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Amendment Number
3176
Purpose
To provide through an election process, Alaska Native Corporations standing to pursue all administrative and litigation rights with regard to Internal Revenue Service determinations concerning the sale of net operating losses pursuant to current law and to offset revenue losses associated with this amendment by increasing the interest rate on tax deficiencies for cases in which such an election has been made.
Congress
102
Type
SAMDT
Latest Action Date
Sep 24, 1992
Latest Action Text
Amendment SP 3176 agreed to in Senate by Voice Vote.
Proposed Date
Sep 24, 1992
Submitted Date
Sep 24, 1992
Chamber
Senate
Update Date
Jun 7, 2021
Amendment 3176 — Informed