409

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Amendment Number
409
Purpose
To express the sense of the Senate that the Department of the Treasury shall examine the question of whether cooperatives subject to section 521 or subchapter T of the Internal Revenue Code may net earnings and losses between and among any of their purchasing and marketing allocation units in determining the amount of patronage dividends to be issued and in determining their taxable income after the deduction for patronage dividends.
Congress
99
Type
SAMDT
Latest Action Date
Jun 20, 1985
Latest Action Text
Amendment SP 409 agreed to in Senate by Voice Vote.
Proposed Date
Jun 20, 1985
Submitted Date
Jun 20, 1985
Chamber
Senate
Update Date
Jul 10, 2021
Amendment 409 — Informed