Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.1624
S.1624: A bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving in
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced June 14, 2007
- Latest Major Action June 14, 2007
Bill Sponsor
Bill Cosponsors
4 (4 Democrats, 1 Republican)
Bill Summary
Amends the Internal Revenue Code to treat as corporations for income tax purposes certain publicly traded partnerships which directly or indirectly derive income or gain from providing services as an investment adviser (as defined by the Investment Advisers Act of 1940) or asset management services.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Sponsor introductory remarks on measure.
|
|
|
Read twice and referred to the Committee on Finance.
|
|
| June 14, 2007 |
Introduced in the Senate by Max Baucus (D-Mont.) |