Pub. L. 105-34, tit. IX, subtit. G, sec. 974

CLARIFICATION OF TREATMENT OF CERTAIN RECEIVABLES PURCHASED BY COOPERATIVE HOSPITAL SERVICE ORGANIZATIONS.

EnactedYear: 1997Length: 58 wordsOfficial source
SEC. 974. CLARIFICATION OF TREATMENT OF CERTAIN RECEIVABLES PURCHASED BY COOPERATIVE HOSPITAL SERVICE ORGANIZATIONS. (a) In General.—Subparagraph (A) of section 501(e)(1) is amended by inserting “(including the purchase of patron accounts receivable on a recourse basis)” after “billing and collection”. (b) Effective Date.—The amendment made by subsection (a) shall apply to taxable years beginning after December 31, 1996.
Pub. L. 105-34, tit. IX, subtit. G, sec. 974: CLARIFICATION OF TREATMENT OF CERTAIN RECEIVABLES PURCHASED BY COOPERATIVE HOSPITAL SERVICE ORGANIZATIONS. | Justis AI