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United States · Bill · S

S. 965 (109th)

A bill to amend the Internal Revenue Code of 1986 to reduce the recognition period for built-in gains for subchapter S corporations.

referredUnited States· United States Congress· EN

Introduced

28 April 2005

Last action

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4581)

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Amends the Internal Revenue Code to reduce from ten to seven years the period during which certain built-in gains of subchapter S corporations are subject to tax.

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Versions

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Documents

3 official files

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Sources

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