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- S.3380
S.3380: A bill 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.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced May 17, 2010
- Latest Major Action May 17, 2010
Bill Sponsor
Bill Cosponsor
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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Read twice and referred to the Committee on Finance.
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| May 17, 2010 |
Introduced in the Senate by John D. Rockefeller IV (D-W.Va.) |