US SB3380 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on May 17 2010 - 25% progression, died in chamber
Action: 2010-05-17 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 17 2010 - 25% progression, died in chamber
Action: 2010-05-17 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to allow nonrecognition of gain in a corporate reorganization for corporations that exchange property solely for stock other than nonqualified preferred stock.
Title
A bill to amend the Internal Revenue Code of 1986 to provide for the treatment of securities of a controlled corporation exchanged for assets in certain reorganizations.
Sponsors
| Sen. John Kerry [D-MA] | Sen. John Rockefeller [D-WV] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-05-17 | Read twice and referred to the Committee on Finance. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/3380/all-info |
| Text | https://www.congress.gov/111/bills/s3380/BILLS-111s3380is.pdf |
