S0430B0422A01595 NAD:NLG 06/02/17 #90 A01595
AMENDMENTS TO SENATE BILL NO. 430
Sponsor: SENATOR RAFFERTY
Printer's No. 422
Amend Bill, page 1, lines 14 through 16, by striking out all
of said lines and inserting
Section 1. Section 1102-C.3 of the act of March 4, 1971
(P.L.6, No.2), known as the Tax Reform Code of 1971, is amended
by adding a paragraph to read:
Amend Bill, page 1, lines 20 through 22; page 2, lines 1
through 4; by striking out all of said lines on said pages and
inserting
(25) A transfer for no or nominal consideration between a
veterans organization and an affiliated nonprofit organization
that is recognized by the Internal Revenue Service as tax exempt
under section 501(c)(7) of the Internal Revenue Code of 1986
(Public Law 99-514, 26 U.S.C. ยง 1 et seq.).
2017/90NAD/SB0430A01595 - 1 -
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See A01595 in
the context
of SB0430