United States · Bill · S
S. 3377 (112th)
Philanthropic Enterprise Act of 2012
Introduced
12 July 2012
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
5 December 2025
Summary
Philanthropic Enterprise Act of 2012 - 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, and independent operation (i.e., not controlled by a substantial contributor) from the excise tax on excess business holdings and unrelated business income.
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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 · EN · 12 July 2012
Introduced in Senate (PDF)
Introduced in Senate · EN · 12 July 2012
Introduced in Senate
summary · EN · 12 July 2012
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/112th-congress/senate-bill/3377
- Open data entity: https://api.congress.gov/v3/bill/112/s/3377