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United States · Bill · S

S. 1997 (117th)

A bill to amend the Internal Revenue Code of 1986 to provide that certain contributions by government entities are treated as contributions to capital.

referredUnited States· United States Congress· EN

Introduced

9 June 2021

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

This bill revises requirements for the tax exclusion for contributions to the capital of a corporation. Specifically, the bill allows an exclusion for certain amounts received by a regulated public utility that provides water or sewerage disposal services.

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Timeline

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Votes

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Versions

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Documents

3 official files

Sponsors

No sponsors or actors listed by the source.

Related records

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Sources

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