S.2266 - Cooperative Tax Deduction Preservation Act of 2007
A bill to amend the Internal Revenue Code to provide for an alternative test for qualifying as a cooperative housing corporation. view all titles (2)
All Bill Titles
- Official: A bill to amend the Internal Revenue Code to provide for an alternative test for qualifying as a cooperative housing corporation. as introduced.
- Short: Cooperative Tax Deduction Preservation Act of 2007 as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 2
- Past Seven Days: 3
- All-Time: 635
|
|
|
|
|
|
|
|
Committees
Official Summary
10/30/2007--Introduced.Cooperative Tax Deduction Preservation Act of 2007 - Amends the Internal Revenue Code to set forth alternative tests for qualifying as a cooperative housing corporation for purposes of the tax deduction for payments to such corporations. Qualifies a corporation if: (Official Summary
10/30/2007--Introduced.Cooperative Tax Deduction Preservation Act of 2007 - Amends the Internal Revenue Code to set forth alternative tests for qualifying as a cooperative housing corporation for purposes of the tax deduction for payments to such corporations. Qualifies a corporation if:
(1) 80% or more of the total square footage of the corporation's property is used or available for use by its tenant-stockholders for residential purposes, or
(2) 90% of the corporation's expenditures are for the acquisition, construction, management, maintenance, or care of its property for the benefit of the tenant-stockholders.
...Read the Rest

U.S. Congress - S.2266 Cooperative Tax Deduction Preservation Act of 2007



