3.0.0 640 2023-01-11T13:28:37Z 2023-01-11T13:28:37Z House HR 2015-02-02 114 [Congressional Record Volume 161, Number 17 (Monday, February 2, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PAULSEN:H.R. 640.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 1 of the United StatesConstitution[Page H704]]]> hsbu00 Budget Committee House Standing Discharged from 2015-02-09T18:54:35Z Referred to 2015-02-02T17:01:30Z hswm00 Ways and Means Committee House Standing Reported by 2015-02-09T18:54:18Z Referred to 2015-02-02T17:01:25Z H. Rept. 114-19 Charities Helping Americans Regularly Throughout the Year Act 114 2750 S 2016-04-06 Read twice and referred to the Committee on Finance. Related bill CRS 2015-02-09 Placed on the Union Calendar, Calendar No. 13. Calendars H12410 2 House floor actions U00013 2015-02-09 Committee on the Budget discharged. Discharge H12300 2 House floor actions hsbu00 Budget Committee 2015-02-09 Committee on the Budget discharged. Committee 5500 9 Library of Congress hsbu00 Budget Committee 2015-02-09 Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-19, Part I. Committee H12200 2 House floor actions hswm00 Ways and Means Committee 2015-02-09 Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-19, Part I. Committee 5000 9 Library of Congress hswm00 Ways and Means Committee 2015-02-04 hswm00 Ways and Means Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 24 - 14. Committee 2015-02-02 Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsbu00 Budget Committee 2015-02-02 Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2015-02-02 Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2015-02-02 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-02-02 Introduced in House IntroReferral 1000 9 Library of Congress P000594 Rep. Paulsen, Erik [R-MN-3] Erik Paulsen R MN 3 N D000096 Rep. Davis, Danny K. [D-IL-7] DANNY DAVIS D IL K. 7 2015-02-02 True R000585 Rep. Reed, Tom [R-NY-23] Tom Reed R NY 23 2015-02-03 False C001106 Rep. Costello, Ryan A. [R-PA-6] Ryan Costello R PA A. 6 2015-02-03 False 2015-02-06T23:06:00Z H.R. 640, Private Foundation Excise Tax Simplification Act of 2015 https://www.cbo.gov/publication/49934 As ordered reported by the House Committee on Ways and Means on February 4, 2015 Taxation Financial services and investments Sales and excise taxes Tax-exempt organizations Taxation 00 2015-02-02 Introduced in House 2015-02-18T18:51:15Z Amends the Internal Revenue Code to: (1) reduce from 2% to 1% the excise tax rate on the net investment income of tax-exempt private foundations, and (2) repeal the 1% reduction in such tax rate for private foundations that meet certain distribution requirements. Excludes the budgetary effects of this Act from PAYGO scorecards.

]]> 18 2015-02-09 Reported to House amended, Part I 2015-02-24T15:43:13Z Private Foundation Excise Tax Simplification Act of 2015

(Sec. 2) Amends the Internal Revenue Code to: (1) reduce from 2% to 1% the excise tax rate on the net investment income of tax-exempt private foundations, and (2) repeal the 1% reduction in such tax rate for private foundations that meet certain distribution requirements.

(Sec. 3) Excludes the budgetary effects of this Act from PAYGO scorecards.

]]> Private Foundation Excise Tax Simplification Act of 2015 Display Title Private Foundation Excise Tax Simplification Act of 2015 Official Title as Introduced To amend the Internal Revenue Code of 1986 to modify the tax rate for excise tax on investment income of private foundations. Introduced in House IH Short Titles as Reported to House Private Foundation Excise Tax Simplification Act of 2015 H House Reported in House 2015-02-09T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr640rh/xml/BILLS-114hr640rh.xml Introduced in House 2015-02-02T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr640ih/xml/BILLS-114hr640ih.xml 2015-02-09 Placed on the Union Calendar, Calendar No. 13. 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.