United States · Bill · S
S. 2961 (108th)
Qualified Personal Service Corporations Clarification Act of 2004
Introduced
8 October 2004
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
18 August 2025
Summary
Qualified Personal Service Corporations Clarification Act of 2004 - Amends the Internal Revenue Code to modify the criteria for determining whether a corporation is a qualified personal service corporation. Includes within the definition of qualified personal service corporation a qualifying corporation substantially all of whose stock is held by certain former employees (thus permitting such corporation to use the cash method of accounting).
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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 · 8 October 2004
Introduced in Senate (PDF)
Introduced in Senate · EN · 8 October 2004
Introduced in Senate
summary · EN · 8 October 2004
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/108th-congress/senate-bill/2961
- Open data entity: https://api.congress.gov/v3/bill/108/s/2961