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- H.R.600
H.R.600: Telecommunications Ownership Diversification Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about congress
- Introduced Jan. 22, 2007
- Latest Major Action Jan. 22, 2007
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
9 (All Democrats)
Bill Summary
Telecommunications Ownership Diversification Act of 2007 - Amends the Internal Revenue Code to allow a taxpayer election to exclude from gross income a portion of the gain from the sale of the assets of a telecommunications business to an eligible purchaser. Defines "eligible purchaser" as: (1) any economically and socially disadvantaged business as designated by the Secretary of the Treasury using specified criteria; or (2) a corporation or...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Referred to the House Committee on Ways and Means.
|
|
Jan. 22, 2007 |
Introduced in the House by Bobby L. Rush (D-Ill.) |