To amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services.

Summary

Amends the Internal Revenue Code to treat as corporations for income tax purposes certain publicly traded partnerships which directly or indirectly derive income or gain from providing services as an investment adviser (as defined by the Investment Advisers Act of 1940) or asset management services.

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Timeline

1. 8 June 2009

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 8 June 2009

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 June 2009

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 8 June 2009 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 June 2009

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 8 June 2009

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 8 June 2009

  Open at official source

Sponsors

• Sen. Welch, Peter [D-VT] · D · Sponsor
• · hswm00 · Standing

Related records

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