A bill to treat certain hospital support organizations as qualified organizations for purposes of determining acquisition indebtedness.

Fact Sheet API

Bill Number

S 112

Introduced

Jan 6, 2009

Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S86)

Sponsor

Cosponsors

Topics

Financial services and investments Health facilities and institutions Real estate business Social work, volunteer service, charitable organizations Tax-exempt organizations Taxation

Full Text

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Votes

Summary

Amends the Internal Revenue Code to allow certain support organizations for tax-exempt teaching hospitals to acquire debt secured by income-producing real property used to provide financial support for such hospitals.

Actions

Jan 6, 2009

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S86)
Jan 6, 2009

Sponsor introductory remarks on measure. (CR S85-86)
Jan 6, 2009

Introduced in Senate

Amendments

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