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US HR629

Permanent S Corporation Built-in Gain Recognition Period Act of 2015


summary

Introduced
01/30/2015
In Committee
02/04/2015
Crossed Over
Passed
Dead
01/03/2017

Introduced Session

114th Congress

Bill Summary

Permanent S Corporation Built-in Gain Recognition Period Act of 2015 (Sec. 2) Amends the Internal Revenue Code to reduce from 10 years to 5 years the period during which the built-in gains of an S corporation are subject to tax and to make such reduction permanent.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Placed on the Union Calendar, Calendar No. 9. (on 02/09/2015)

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