US HB4255 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on November 6 2017 - 25% progression, died in committee
Action: 2017-11-06 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 6 2017 - 25% progression, died in committee
Action: 2017-11-06 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Ending Tax Breaks for Private Prisons Act This bill amends the Internal Revenue Code to exclude from the definition of "taxable REIT (Real Estate Investment Trust) subsidiary" any corporation which directly or indirectly: (1) operates or manages a prison facility or provides services at or in connection with a prison facility; or (2) provides to any other person (under a franchise, license, or otherwise) rights to any brand name under which any prison facility is operated, subject to specified exceptions.
Title
Ending Tax Breaks for Private Prisons Act
Sponsors
Rep. Gregory Meeks [D-NY] | Rep. Joseph Crowley [D-NY] | Rep. Bonnie Coleman [D-NJ] | Rep. Gwen Moore [D-WI] |
Rep. Dwight Evans [D-PA] |
History
Date | Chamber | Action |
---|---|---|
2017-11-06 | House | Referred to the House Committee on Ways and Means. |
2017-11-06 | House | Introduced in House |
Same As/Similar To
SB2075 (Same As) 2017-11-06 - Read twice and referred to the Committee on Finance.
Subjects
Corporate finance and management
Correctional facilities and imprisonment
Financial services and investments
Income tax rates
Real estate business
Taxation
Correctional facilities and imprisonment
Financial services and investments
Income tax rates
Real estate business
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/house-bill/4255/all-info |
Text | https://www.congress.gov/115/bills/hr4255/BILLS-115hr4255ih.pdf |