Sponsor:

Rep. Vander Jagt, Guy [R-MI-9] (Introduced 01/15/1979)

Summary:

Summary: H.R.776 — 96th Congress (1979-1980)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/15/1979) Amends the Internal Revenue Code to extend for two years the time by which a corporation, which has sustained substantial losses prior to January 1, 1976, and which has dismissed substantially all its employees before April 15, 1977, must liquidate in order to exempt a taxpayer who holds at least a ten percent interest in such corporation from the application of the foreign loss recapture rules enacted by the Tax Reform Act of 1976.

Major Actions:

Summary: H.R.776 — 96th Congress (1979-1980)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/15/1979) Amends the Internal Revenue Code to extend for two years the time by which a corporation, which has sustained substantial losses prior to January 1, 1976, and which has dismissed substantially all its employees before April 15, 1977, must liquidate in order to exempt a taxpayer who holds at least a ten percent interest in such corporation from the application of the foreign loss recapture rules enacted by the Tax Reform Act of 1976.

Amendments:

Summary: H.R.776 — 96th Congress (1979-1980)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/15/1979) Amends the Internal Revenue Code to extend for two years the time by which a corporation, which has sustained substantial losses prior to January 1, 1976, and which has dismissed substantially all its employees before April 15, 1977, must liquidate in order to exempt a taxpayer who holds at least a ten percent interest in such corporation from the application of the foreign loss recapture rules enacted by the Tax Reform Act of 1976.

Cosponsors:

Summary: H.R.776 — 96th Congress (1979-1980)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/15/1979) Amends the Internal Revenue Code to extend for two years the time by which a corporation, which has sustained substantial losses prior to January 1, 1976, and which has dismissed substantially all its employees before April 15, 1977, must liquidate in order to exempt a taxpayer who holds at least a ten percent interest in such corporation from the application of the foreign loss recapture rules enacted by the Tax Reform Act of 1976.

Sponsor:

Rep. Vander Jagt, Guy [R-MI-9] (Introduced 01/15/1979)

Summary:

Summary: H.R.776 — 96th Congress (1979-1980)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/15/1979) Amends the Internal Revenue Code to extend for two years the time by which a corporation, which has sustained substantial losses prior to January 1, 1976, and which has dismissed substantially all its employees before April 15, 1977, must liquidate in order to exempt a taxpayer who holds at least a ten percent interest in such corporation from the application of the foreign loss recapture rules enacted by the Tax Reform Act of 1976.

Major Actions:

Summary: H.R.776 — 96th Congress (1979-1980)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/15/1979) Amends the Internal Revenue Code to extend for two years the time by which a corporation, which has sustained substantial losses prior to January 1, 1976, and which has dismissed substantially all its employees before April 15, 1977, must liquidate in order to exempt a taxpayer who holds at least a ten percent interest in such corporation from the application of the foreign loss recapture rules enacted by the Tax Reform Act of 1976.

Amendments:

Summary: H.R.776 — 96th Congress (1979-1980)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/15/1979) Amends the Internal Revenue Code to extend for two years the time by which a corporation, which has sustained substantial losses prior to January 1, 1976, and which has dismissed substantially all its employees before April 15, 1977, must liquidate in order to exempt a taxpayer who holds at least a ten percent interest in such corporation from the application of the foreign loss recapture rules enacted by the Tax Reform Act of 1976.

Cosponsors:

Summary: H.R.776 — 96th Congress (1979-1980)

There is one summary for this bill. Bill summaries are authored by CRS. Shown Here:
Introduced in House (01/15/1979) Amends the Internal Revenue Code to extend for two years the time by which a corporation, which has sustained substantial losses prior to January 1, 1976, and which has dismissed substantially all its employees before April 15, 1977, must liquidate in order to exempt a taxpayer who holds at least a ten percent interest in such corporation from the application of the foreign loss recapture rules enacted by the Tax Reform Act of 1976.