US HB5514 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on April 13 2018 - 25% progression, died in committee
Action: 2018-04-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 13 2018 - 25% progression, died in committee
Action: 2018-04-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Tax Fairness Act of 2018 This bill amends the Internal Revenue Code to modify the tax treatment of partnership interests held in connection with the performance of services. The bill requires certain income from the partnerships to be treated as ordinary income rather than as short-term capital gains.
Title
Tax Fairness Act of 2018
Sponsors
| Rep. Glenn Grothman [R-WI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-04-13 | House | Referred to the House Committee on Ways and Means. |
| 2018-04-13 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/5514/all-info |
| Text | https://www.congress.gov/115/bills/hr5514/BILLS-115hr5514ih.pdf |
