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- H.R.7283
H.R.7283: To amend the Internal Revenue Code of 1986 to provide that certain contributions by government entities are treated as contributions to capital.
About This Bill
- Introduced June 18, 2020
- Latest Major Action June 18, 2020
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - June 18, 2020
Bill Summary
This bill amends the Internal Revenue Code to revise requirements for the tax exclusion for contributions to the capital of a corporation. Specifically, the bill allows an exclusion for certain amounts received by a regulated public utility that provides water or sewerage disposal services.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 18, 2020 |
Referred to the House Committee on Ways and Means.
|
| June 18, 2020 |
Introduced in the House by Greg Walden (R-Ore.) |