US HB6458 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on April 7 2020 - 25% progression, died in committee
Action: 2020-04-07 - 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 7 2020 - 25% progression, died in committee
Action: 2020-04-07 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows a tax deduction for qualified business development company interest dividends on the same basis as qualified real estate investment trust (REIT) dividends.
Title
Small Business Investor Tax Parity Act of 2020
Sponsors
| Rep. Brendan Boyle [D-PA] | Rep. Jody Arrington [R-TX] | Rep. Elizabeth Fletcher [D-TX] | Rep. Danny Davis [D-IL] |
| Rep. Darin LaHood [R-IL] | Rep. Drew Ferguson [R-GA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-04-07 | House | Referred to the House Committee on Ways and Means. |
| 2020-04-07 | House | Introduced in House |
Subjects
Business investment and capital
Income tax deductions
Interest, dividends, interest rates
Small business
Taxation
Income tax deductions
Interest, dividends, interest rates
Small business
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/6458/all-info |
| Text | https://www.congress.gov/116/bills/hr6458/BILLS-116hr6458ih.pdf |
