,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #gjhg  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,janu>y #ae1 #bjbf,mr4
 ,moran 7= himself & ,ms4 ,sewell7      
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,a     
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to all[ = d$uctions =     
transf]s f e/ates or gifts to c]ta9     
cemet]ies4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,grave ,inju/ice ,p>ity 
,act4  #b4 ,d$uctions = transf]s f      
e/ates or gifts to c]ta9 cemet]ies  7a7 
,e/ates ,section #bjee7;a7 ( ! ,int]nal 
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
or at ! end ( p>agraph 7#d71 by /rik+ ! 
p]iod at ! end ( p>agraph 7#e7 & ins]t+ 
2 or1 & by ins]t+ aft] p>agraph 7#e7 !  
foll[+ new p>agraph3  7#f7 to a cemet]y 
company own$ & op]at$ exclusively = !   
b5efit ( its memb]s1 or any corporation 
*>t]$ solely = burial purposes z a      
cemet]y corporation & n p]mitt$ by its  
*>t] to engage 9 any bus9ess n          
necess>ily incid5t to t purpose1 if su* 

company or corporation is n op]at$ =    
pr(it & no "p ( ! net e>n+s ( su*       
company or corporation inures to !      
b5efit ( any private %>ehold] or        
individual4  4  7b7 ,gifts  7#a7        
,resid5ts ,section #bebb7;a7 ( !        
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ ! p]iod at ! end ( p>agraph    
7#d7 & ins]t+ 2 or1 & by ins]t+ aft]    
p>agraph 7#d7 ! foll[+ new p>agraph3    
7#e7 a cemet]y company own$ & op]at$    
exclusively = ! b5efit ( its memb]s1 or 
any corporation *>t]$ solely = burial   
purposes z a cemet]y corporation & n    
p]mitt$ by its *>t] to engage 9 any     
bus9ess n necess>ily incid5t to t       
purpose1 if su* company or corporation  
is n op]at$ = pr(it & no "p ( ! net     
e>n+s ( su* company or corporation      
inures to ! b5efit ( any private        
%>ehold] or individual4  4  7#b7        
,nonresid5ts ,section #bebb7;b7 ( !     
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ ! p]iod at ! end ( p>agraph    
7#e7 & ins]t+ 2 or1 & by ins]t+ aft]    

p>agraph 7#e7 ! foll[+ new p>agraph3    
7#f7 a cemet]y company own$ & op]at$    
exclusively = ! b5efit ( its memb]s1 or 
any corporation *>t]$ solely = burial   
purposes z a cemet]y corporation & n    
p]mitt$ by its *>t] to engage 9 any     
bus9ess n necess>ily incid5t to t       
purpose1 if su* company or corporation  
is n op]at$ = pr(it & no "p ( ! net     
e>n+s ( su* company or corporation      
inures to ! b5efit ( any private        
%>ehold] or individual4  4  7c7         
,effective date ,! am5dm5ts made by ?is 
section %all apply ) respect to taxable 
ye>s beg9n+ aft] ! date ( enactm5t ( ?is
 ,act4  #c4 ,di/ributions ( private     
f\ndations to cemet]ies  7a7 ,taxes on  
failure ,to di/ribute income ,section   
#didb7;g77#a77;,a7 ( ! ,int]nal ,rev5ue 
,code ( #aihf is am5d$ by ins]t+ to a   
cemet]y company describ$ 9 section      
#agj7;c77#e7 or aft] paid4  7b7 ,taxes  
on taxable exp5ditures ,section         
#dide7;d77#d77;,a7 is am5d$ by /rik+ or 
at ! end ( clause 7ii7 & by add+ at !   

end ! foll[+ new clause3  7iv7 is a     
cemet]y company describ$ 9 section      
#agj7;c77#e71 or  4  7c7 ,effective date
 ,! am5dm5ts made by ?is section %all   
apply ) respect to di/ributions made    
aft] ! date ( ! enactm5t ( ?is ,act4