AMENDMENT PROPOSED BY THE HOUSE COMMITTEE ON FINANCE

1. Page 1, introduced

strike

all of lines 41 and 42

insert

"Tax exempt organization" or "an organization exempt from taxation under § 501 (c) of the Internal Revenue Code" means any corporation, partnership, organization or trust which has received written notice of its exempt status from the Internal Revenue Service, if such notice is required by the Internal Revenue Service to obtain exempt status.