To amend the Internal Revenue Code of 1986 to repeal the personal holding company tax.

Summary

Amends the Internal Revenue Code to: (1) repeal part II (Personal Holding Companies) of subchapter G (Corporations Used to Avoid Income Tax on Shareholders); and (2) revise provisions concerning the dividend received deduction of closely held corporations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 9 June 1999

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 9 June 1999

   Introduced

   Sponsor introductory remarks on measure. (CR E1203)

   Source: IntroReferral

3. 9 June 1999

   Introduced

   Introduced in House

   Source: IntroReferral

4. 9 June 1999

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 9 June 1999 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 9 June 1999

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 9 June 1999

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 9 June 1999

  Open at official source

Sponsors

• Rep. Rangel, Charles B. [D-NY-19] · D · Sponsor
• DAVID PRICE · D · Cosponsor
• · hswm00 · Standing

Related records

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