United States · Bill · S
S. 3223 (112th)
A bill to amend the Internal Revenue Code of 1986 to permanently extend the reduction in the recognition period for built-in gains for S corporations.
Introduced
23 May 2012
Last action
23 May 2012 · Introduced
Status
Read twice and referred to the Committee on Finance.
Sponsors
Rep. Cardin, Benjamin L. [D-MD-3], Rep. Roberts, Pat [R-KS-1], Rep. Snowe, Olympia J. [R-ME-2], Sen. Vitter, David [R-LA]
Subjects
Taxation
Source updated
20 February 2019
Summary
Amends the Internal Revenue Code to provide for a permanent reduction from 10 to 5 years in the recognition period for built-in gains of S corporations.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
23 May 2012
Introduced
Introduced in Senate
Source: IntroReferral
23 May 2012
Introduced
Read twice and referred to the Committee on Finance.
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 23 May 2012 · Official file
Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 23 May 2012
Introduced in Senate (PDF)
Introduced in Senate · EN · 23 May 2012
Introduced in Senate
summary · EN · 23 May 2012
Sponsors
- Rep. Cardin, Benjamin L. [D-MD-3] · D · Sponsor
- Rep. Roberts, Pat [R-KS-1] · R · Sponsor
- Rep. Snowe, Olympia J. [R-ME-2] · R · Sponsor
- Sen. Vitter, David [R-LA] · R · Cosponsor
- · ssfi00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/112th-congress/senate-bill/3223
- Open data entity: https://api.congress.gov/v3/bill/112/s/3223
- us · 112-s-3223 · source updated 20 February 2019