United States · Bill · S
S. 909 (114th)
Philanthropic Enterprise Act of 2015
Introduced
14 April 2015
Last action
—
Status
Placed on Senate Legislative Calendar under General Orders. Calendar No. 43.
Sponsors
—
Subjects
Discovery layer
Source updated
5 December 2025
Summary
Philanthropic Enterprise Act of 2015 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 for the charitable purpose (all profits to charity), and independent operation (i.e., not controlled by a substantial contributor or family members) from the excise tax on excess business holdings.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
No timeline events have been ingested for this record yet.
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
4 official files
Placed on Calendar Senate (text)
Placed on Calendar Senate (text)
Placed on Calendar Senate · EN · 14 April 2015
Placed on Calendar Senate (PDF)
Placed on Calendar Senate · EN · 14 April 2015
Reported to Senate without amendment
summary · EN · 14 April 2015
Introduced in Senate
summary · EN · 14 April 2015
Sponsors
No sponsors or actors listed by the source.
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/114th-congress/senate-bill/909
- Open data entity: https://api.congress.gov/v3/bill/114/s/909