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26 U.S.C. § 4959 — Taxes on failures by hospital organizations
submitted 16 years ago by Pub. L. 111-148 to r/title-26-INTERNAL-REVENUE-CODE · 32 words · no verdicts yet
in plain englishAI-generated · not legal advice
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
the actual law source: uscode.house.gov ↗public domain
If a hospital organization to which section 501(r) applies fails to meet the requirement of section 501(r)(3) for any taxable year*, there is imposed on the organization a tax equal to $50,000.
Source credit: (Added Pub. L. 111–148, title IX, § 9007(b)(1), Mar. 23, 2010, 124 Stat. 857.)
history & why it existsrecord from the source credit
- 2010Enacted · Pub. L. 111-148 · 124 Stat. 857
A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-148 on 2010-03-23.
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