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- H.R.4953
H.R.4953: Private Foundation Excise Tax Simplification Act of 2019
About This Bill
- Introduced Oct. 31, 2019
- Latest Major Action Oct. 31, 2019
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - Oct. 31, 2019
Bill Summary
Private Foundation Excise Tax Simplification Act of 2019 This bill reduces the excise tax on the net investment income of private foundations from 2% to 1.39%.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Oct. 31, 2019 |
Referred to the House Committee on Ways and Means.
|
Oct. 31, 2019 |
Introduced in the House by Danny K. Davis (D-Ill.) |