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Bill > HR2604


US HR2604

US HR2604
To amend the Internal Revenue Code of 1986 to provide for the treatment of securities of a controlled corporation exchanged for assets in certain reorganizations.


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

112th Congress

Bill Summary

Amends the Internal Revenue Code to allow nonrecognition of gain in a corporate reorganization for corporations that exchange property solely for stock other than nonqualified preferred stock.

Committee Categories

Budget and Finance

Sponsors (22)

Last Action

Referred to the House Committee on Ways and Means. (on 07/20/2011)

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