3.0.0 5539 2023-01-11T13:32:45Z 2023-01-11T13:32:45Z House HR 2016-06-21 114 [Congressional Record Volume 162, Number 99 (Tuesday, June 21, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. TIBERI:H.R. 5539.Congress has the power to enact this legislation pursuantto the following:Clause l of Section 8 of Article I[Page H4053]]]> hswm00 Ways and Means Committee House Standing Referred to 2016-06-21T16:00:35Z 2016-06-21 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-06-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-06-21 Introduced in House IntroReferral 1000 9 Library of Congress T000462 Rep. Tiberi, Patrick J. [R-OH-12] PATRICK TIBERI R OH J. 12 N D000096 Rep. Davis, Danny K. [D-IL-7] DANNY DAVIS D IL K. 7 2016-06-21 True R000580 Rep. Roskam, Peter J. [R-IL-6] Peter Roskam R IL J. 6 2016-06-21 True S001195 Rep. Smith, Jason [R-MO-8] Jason Smith R MO 8 2016-07-18 False Taxation Accounting and auditing Business investment and capital Income tax exclusion Taxation 00 2016-06-21 Introduced in House 2016-08-31T16:10:21Z Preserving Investment in Needy Neighborhoods Act

This bill amends the Internal Revenue Code to: (1) exclude from gross income contributions to the capital of a partnership, and (2) set forth rules for determining the basis of property and money contributed to the capital of a partnership.

]]> Preserving Investment in Needy Neighborhoods Act Display Title Preserving Investment in Needy Neighborhoods Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to exclude from gross income contributions to the capital of a partnership, and for other purposes. Introduced in House IH Short Titles as Introduced Preserving Investment in Needy Neighborhoods Act Introduced in House 2016-06-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5539ih/xml/BILLS-114hr5539ih.xml 2016-06-21 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.