Small Block

Capital Absorption Opportunity · Tax-exempt organizations (26 U.S.C. § 501) · 501(c) Organizations

501(c)(20) Organizations

Definition

Former category for an organization or trust whose exclusive function was to form part of a qualified group legal services plan under section 120; the Tax Reform Act of 1976 added it, applying to taxable years beginning after December 31, 1976, and ending before January 1, 1982.[1] The Tax Increase Prevention Act of 2014 struck paragraph (20) from section 501(c), which the Code now shows as repealed.[2]

Federal law

  1. Tax Reform Act of 1976, Pub. L. 94-455, § 2134(b), (e), 90 Stat. 1927. Added section 501(c)(20) (§ 2134(b)) and set its original effective period (§ 2134(e)). Official text: govinfo.gov, U.S. Government Publishing Office.
  2. Tax Increase Prevention Act of 2014, Pub. L. 113-295, div. A, § 221(a)(19)(B)(iii), 128 Stat. 4040. Struck section 501(c)(20) from the Code (§ 221(a)(19)(B)(iii)), along with section 120, as a deadwood provision. Official text: govinfo.gov, U.S. Government Publishing Office.