US HR629

Bill

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

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)

David Reichert (R)*, Ryan Costello (R), Ron Kind (D), Tom Reed (R),

Last Action

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

Official Document

https://www.congress.gov/bill/114th-congress/house-bill/629/all-info

(3 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/114th-congress/house-bill/629/all-info
BillText	https://www.congress.gov/114/bills/hr629/BILLS-114hr629ih.pdf
BillText	https://www.congress.gov/114/bills/hr629/BILLS-114hr629rh.pdf
Bill	https://www.congress.gov/114/bills/hr629/BILLS-114hr629ih.pdf.pdf
Bill	https://www.congress.gov/114/bills/hr629/BILLS-114hr629rh.pdf.pdf
BillText	http://gpo.gov/fdsys/pkg/BILLS-114hr629rh/pdf/BILLS-114hr629rh.pdf
Bill	http://gpo.gov/fdsys/pkg/BILLS-114hr629rh/pdf/BILLS-114hr629rh.pdf.pdf
BillText	http://gpo.gov/fdsys/pkg/BILLS-114hr629ih/pdf/BILLS-114hr629ih.pdf
Bill	http://gpo.gov/fdsys/pkg/BILLS-114hr629ih/pdf/BILLS-114hr629ih.pdf.pdf

Bill	Bill Name	Last Action	Type
HR2029	Military Construction and Veterans Affairs and Related Agencies Appropriations Act, 2016	Became Public Law No: 114-113. (TXT \| PDF)	Related
HR2788	S Corporation Modernization Act of 2015	Referred to the House Committee on Ways and Means.	Related
S1905	A bill to amend the Internal Revenue Code of 1986 to make permanent the reduced recognition period for built-in gains for S corporations.	Read twice and referred to the Committee on Finance.	Related

Bill > HR629

US HR629

summary

Introduced Session

Bill Summary

Committee Categories

Sponsors (4)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary