To amend the Internal Revenue Code of 1986 to impose an excise tax on certain sales of assets of medical service organizations to managers, etc. of such organization.

Summary

Amends the Internal Revenue Code to impose an excise tax on self-dealing asset transactions between a disqualified person and a medical service organization. Describes such a transaction as any direct or indirect sale or exchange, or leasing, of any medical asset to: (1) any organization manager; (2) any person who performs substantial professional medical services for the organization pursuant to an employment or other contractual arrangement; (3) any family member of such persons; or (4) any 35-percent controlled entity of such persons.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 6 January 1993

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• Introduced in House (PDF)

  Introduced in House · EN · 6 January 1993

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• Introduced in House

  summary · EN · 6 January 1993

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