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- S.1698
S.1698: Settlement Trust Improvement Act of 2017
About This Bill
- Introduced Aug. 1, 2017
- Latest Major Action Aug. 1, 2017
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - Aug. 1, 2017
Bill Summary
Settlement Trust Improvement Act of 2017 This bill amends the Internal Revenue Code, with respect to the tax treatment of Alaska Native Settlement Trusts, to: (1) allow an Alaska Native Corporation to assign certain payments referenced in the Alaska Native Claims Settlement Act to a trust without including the payments in the gross income of the corporation, (2) allow the corporation to elect annually to deduct contributions made to a trust,...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Aug. 1, 2017 |
Read twice and referred to the Committee on Finance.
|
| Aug. 1, 2017 |
Introduced in the Senate by Lisa Murkowski (R-Alaska) |