Philanthropic Enterprise Act of 2016

Summary

Philanthropic Enterprise Act of 2016 This bill amends the Internal Revenue Code to exempt the holdings of a private foundation in any business enterprise that meet 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.

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Timeline

1. 20 April 2016

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 20 April 2016

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 April 2016

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 20 April 2016 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 20 April 2016

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 20 April 2016

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 20 April 2016

  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. Neal, Richard E. [D-MA-1] · D · 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. Esty, Elizabeth H. [D-CT-5] · D · Sponsor
• Rep. Byrne, Bradley [R-AL-1] · R · Sponsor
• Rep. Himes, James A. [D-CT-4] · D · Sponsor
• Rep. McGovern, James P. [D-MA-2] · D · Cosponsor
• Rep. Cohen, Steve [D-TN-9] · D · Cosponsor
• Rep. Kelly, Mike [R-PA-16] · R · Cosponsor
• Rep. Boustany, Charles W., Jr. [R-LA-3] · R · Cosponsor
• Rep. Rice, Tom [R-SC-7] · R · Cosponsor
• Rep. Lance, Leonard [R-NJ-7] · R · Cosponsor
• · hswm00 · Standing

Related records

• related to → Philanthropic Enterprise Act of 2015
• related to → Charities Helping Americans Regularly Throughout the Year Act
• related to → Philanthropic Enterprise Act of 2017
• related to → Philanthropic Enterprise Act of 2015