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- H.R.5539
H.R.5539: Preserving Investment in Needy Neighborhoods Act
About This Bill
- Introduced June 21, 2016
- Latest Major Action June 21, 2016
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 2 Republicans)
Bill Summary
Preserving Investment in Needy Neighborhoods Act This bill amends the Internal Revenue Code to: (1) exclude from gross income contributions to the capital of a partnership, and (2) set forth rules for determining the basis of property and money contributed to the capital of a partnership.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| June 21, 2016 |
Referred to the House Committee on Ways and Means.
|
| June 21, 2016 |
Introduced in the House by Pat Tiberi (R-Ohio) |