Philanthropic Enterprise Act of 2017

Summary

Philanthropic Enterprise Act of 2017 This bill amends the Internal Revenue Code to exempt the holdings of a private foundation in any business enterprise that meets specified requirements relating to exclusive ownership, minimum distribution of net operating income for the charitable purpose (all profits to charity distribution requirement), and independent operation (not controlled by a substantial contributor or family members) from the excise taxes on excess business holdings.

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

Timeline

1. 23 June 2017

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 23 June 2017

   Introduced

   Introduced in House

   Source: IntroReferral

3. 23 June 2017

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 23 June 2017 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 23 June 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 23 June 2017

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 23 June 2017

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Reichert, David G. [R-WA-8] · R · Sponsor
• Rep. Larson, John B. [D-CT-1] · D · Sponsor
• Rep. Tiberi, Patrick J. [R-OH-12] · R · Sponsor
• Rep. Kelly, Mike [R-PA-16] · R · Sponsor
• Rep. Rice, Tom [R-SC-7] · R · Sponsor
• Rep. Paulsen, Erik [R-MN-3] · R · Sponsor
• Rep. Holding, George [R-NC-2] · R · Sponsor
• Rep. Smith, Jason [R-MO-8] · R · Sponsor
• Rep. Jenkins, Lynn [R-KS-2] · R · Sponsor
• Rep. Frelinghuysen, Rodney P. [R-NJ-11] · R · Sponsor
• Rep. Higgins, Brian [D-NY-26] · D · Sponsor
• Rep. Esty, Elizabeth H. [D-CT-5] · D · Sponsor
• Rep. Calvert, Ken [R-CA-41] · R · Sponsor
• Rep. Himes, James A. [D-CT-4] · D · Cosponsor
• Rep. Courtney, Joe [D-CT-2] · D · Cosponsor
• Rep. Pascrell, Bill, Jr. [D-NJ-9] · D · Cosponsor
• Rep. McGovern, James P. [D-MA-2] · D · Cosponsor
• Rep. Lance, Leonard [R-NJ-7] · R · Cosponsor
• Rep. Dingell, Debbie [D-MI-6] · D · Cosponsor
• Rep. Titus, Dina [D-NV-1] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to → Charities Helping Americans Regularly Throughout the Year Act of 2017
• related to → An act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.
• related to ← An original bill to provide for reconciliation pursuant to title II of the concurrent resolution on the budget for fiscal year 2018.
• related to ← Philanthropic Enterprise Act of 2016