US HB308 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 38-0)
Status: Introduced on January 5 2017 - 25% progression, died in committee
Action: 2017-01-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 5 2017 - 25% progression, died in committee
Action: 2017-01-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Protect Family Farms and Businesses Act This bill prohibits proposed Internal Revenue Service regulations published on August 4, 2016, relating to restrictions on liquidation of an interest with respect to estate, gift, and generation-skipping transfer taxes from taking effect. The bill prohibits funds from being used to finalize, implement, administer, or enforce the proposed regulations or any substantially similar regulations.
Title
Protect Family Farms and Businesses Act
Sponsors
| Rep. Warren Davidson [R-OH] | Rep. Lee Zeldin [R-NY] | Rep. Jeb Hensarling [R-TX] | Rep. Patrick Tiberi [R-OH] |
| Rep. Dave Brat [R-VA] | Rep. Louie Gohmert [R-TX] | Rep. Ralph Abraham [R-LA] | Rep. Ann Wagner [R-MO] |
| Rep. Richard Hudson [R-NC] | Rep. Steve King [R-IA] | Rep. Garland Barr [R-KY] | Rep. Trent Kelly [R-MS] |
| Rep. Glenn Thompson [R-PA] | Sen. Roger Marshall [R-KS] | Rep. Thomas Massie [R-KY] | Rep. Bob Gibbs [R-OH] |
| Rep. Bradley Byrne [R-AL] | Rep. Tom McClintock [R-CA] | Rep. Scott Tipton [R-CO] | Rep. Paul Gosar [R-AZ] |
| Rep. Sean Duffy [R-WI] | Rep. Michael Turner [R-OH] | Rep. Andy Harris [R-MD] | Rep. Greg Walden [R-OR] |
| Rep. Rodney Davis [R-IL] | Rep. Rod Blum [R-IA] | Rep. Mia Love [R-UT] | Rep. Ted Yoho [R-FL] |
| Rep. David Rouzer [R-NC] | Rep. Tom Cole [R-OK] | Rep. Ryan Costello [R-PA] | Rep. David Young [R-IA] |
| Rep. Adrian Smith [R-NE] | Rep. Robert Pittenger [R-NC] | Rep. Tom Rice [R-SC] | Rep. Jody Arrington [R-TX] |
| Rep. Mark Sanford [R-SC] | Rep. Ralph Norman [R-SC] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-01-05 | House | Referred to the House Committee on Ways and Means. |
| 2017-01-05 | House | Introduced in House |
Same As/Similar To
SB47 (Same As) 2017-01-05 - Read twice and referred to the Committee on Finance.
Subjects
Administrative law and regulatory procedures
Department of the Treasury
Internal Revenue Service (IRS)
Tax administration and collection, taxpayers
Taxation
Transfer and inheritance taxes
Department of the Treasury
Internal Revenue Service (IRS)
Tax administration and collection, taxpayers
Taxation
Transfer and inheritance taxes
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/308/all-info |
| Text | https://www.congress.gov/115/bills/hr308/BILLS-115hr308ih.pdf |
