An Act to exclude from gross income gains from the condemnation of certain forest lands held in trust for the Klamath Indian Tribe.
Public Law 94-81 · H.R. 83 · 94th Congress · began in the House
Signed by Gerald Ford (R) on Aug 9, 1975 · Taxation
Sponsor: Rep. Albert Ullman (D-OR-2)
Cosponsors: None
Passage votes
- HouseMethod not stated
- SenateMethod not stated
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
(House agreed to Senate amendments with amendments)
Excludes, under the Internal Revenue Code of 1954, from gross income gains from the condemnation of specified forest lands held in trust for the Klamath Indian Tribe.
Provides that tax-exempt organizations shall be treated the same as tax-paying organizations, under the Internal Revenue Code, when a subsidiary corporation is liquidated into a parent corporation, provided that such tax-exempt organization continues to use the assets of the liquidated subsidiary in an unrelated trade or business and agrees to treat any change in the use of those assets as a disposition resulting in recapture of depreciation.
Defines "private foundation" to be an organization that normally receives not more than one-third of its support in each taxable year from the sum of gross investment income and the excess of the amount of the unrelated business taxable income over the amount of the tax on unrelated business income of charitable organizations.
Committees
The committees the bill was sent to, and what each did with it.
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 15 actions.
- Aug 9, 1975Became lawBecame law · Signed by President.
- PresidentPresident · Public law 94-81.
- Aug 2, 1975PresidentPresident · Measure presented to President.
- PresidentPresident · Measure enrolled in Senate.
- PresidentPresident · Measure enrolled in House.
- Aug 1, 1975Resolving differencesResolving differences · Senate agreed to House amendments.
- Jul 25, 1975Resolving differencesResolving differences · House agreed to Senate amendments with amendments.
- Jul 11, 1975FloorFloor · Measure passed Senate, amended.
- Jul 9, 1975CommitteeCommittee · Reported by Senate Finance Committee
- Jun 27, 1975CommitteeCommittee · Referred to Senate Finance Committee
- Jun 26, 1975FloorFloor · Measure passed House, amended.
- FloorFloor · Measure called up by unanimous consent in House.
- Jun 3, 1975CommitteeCommittee · Reported by House Ways and Means Committee
- Jan 14, 1975CommitteeCommittee · Referred to House Ways and Means Committee
- IntroducedIntroduced · Introduced in the House
Data notes
Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.
Official record
The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.