US SB3247 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on July 14 2016 - 25% progression, died in committee
Action: 2016-07-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 14 2016 - 25% progression, died in committee
Action: 2016-07-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance 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
| Sen. Ron Wyden [D-OR] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-07-14 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/3247/all-info |
| Text | https://www.congress.gov/114/bills/s3247/BILLS-114s3247is.pdf |
