To amend the Internal Revenue Code of 1986 to clarify that certain options offered by tax-exempt organizations are not includible in gross income under section 457(f).
About This Bill
Committee
Latest Action · March 5, 2003
Referred to the House Committee on Ways and Means.
Amends the Internal Revenue Code to establish that options without a readily ascertainable fair market value offered by State and local governments and tax-exempt organizations are excluded from gross income.
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