110 HR 4118 IH: To exclude from gross income payments from the Hokie U.S. House of Representatives 2007-11-08 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 110th CONGRESS 1st Session H. R. 4118 IN THE HOUSE OF REPRESENTATIVES November 8, 2007 Mr. Boucher (for himself, Mr. Goodlatte, Mr. Cantor, Mr. Scott of Virginia, and Mrs. Drake) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To exclude from gross income payments from the Hokie Spirit Memorial Fund to the victims of the tragic event, loss of life and limb, at Virginia Polytechnic Institute & State University.

1.

Exclusion from income for payments from the Hokie Spirit Memorial Fund

For purposes of the Internal Revenue Code of 1986, gross income shall not include any amount received from the Virginia Polytechnic Institute & State University, out of amounts transferred from the Hokie Spirit Memorial Fund established by the Virginia Tech Foundation, an organization organized and operated as described in section 501(c)(3) of the Internal Revenue Code of 1986, as a payment in connection with the tragic event, loss of life and limb, on April 16, 2007, at such university.