United States · Bill · S
S. 1279 (107th)
A bill to amend the Internal Revenue Code of 1986 to modify the active business definition under section 355.
Introduced
31 July 2001
Last action
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Status
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S8477)
Sponsors
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Subjects
Discovery layer
Source updated
14 January 2025
Summary
Amends the Internal Revenue Code, concerning the active business definition relating to distributions of stock and securities of a controlled corporation, to require that all corporations that are members of the same affiliated group be treated as a single corporation.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 31 July 2001
Introduced in Senate (PDF)
Introduced in Senate · EN · 31 July 2001
Introduced in Senate
summary · EN · 31 July 2001
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/107th-congress/senate-bill/1279
- Open data entity: https://api.congress.gov/v3/bill/107/s/1279