Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.1855
S.1855: A bill to amend the Internal Revenue Code of 1986 to make permanent the reduced recognition period for built-in gains for S corporations.
About This Bill
- Introduced Dec. 18, 2013
- Latest Major Action Dec. 18, 2013
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Internal Revenue Code to reduce from 10 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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Dec. 18, 2013 |
Read twice and referred to the Committee on Finance.
|
| Dec. 18, 2013 |
Introduced in the Senate by Benjamin L. Cardin (D-Md.) |