US HB5825 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 10 2020 - 25% progression, died in chamber
Action: 2020-02-12 - Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2020 - 25% progression, died in chamber
Action: 2020-02-12 - Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Text: Latest bill text (Introduced) [PDF]
Summary
Imposes a new reporting requirement under the Internal Revenue Code for certain investors with respect to certain specified medical care providers. Such investors must electronically file a separate annual return with respect to each medical care provider that contains information relating to gross receipts, real estate ownership, and other payments to related persons. The bill imposes a penalty on investors for failing to file complete and correct returns.
Title
To amend the Internal Revenue Code of 1986 to provide for reporting by certain investors with respect to certain specified medical care providers.
Sponsors
| Rep. Richard Neal [D-MA] | Rep. Daniel Kildee [D-MI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-02-12 | House | Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote. |
| 2020-02-12 | House | Committee Consideration and Mark-up Session Held. |
| 2020-02-10 | House | Referred to the House Committee on Ways and Means. |
| 2020-02-10 | House | Introduced in House |
Subjects
Business records
Civil actions and liability
Financial services and investments
Health personnel
Taxation
Civil actions and liability
Financial services and investments
Health personnel
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/5825/all-info |
| Text | https://www.congress.gov/116/bills/hr5825/BILLS-116hr5825ih.pdf |
