3.0.0 1905 2023-01-11T13:30:01Z 2023-01-11T13:30:01Z Senate S 2015-07-30 114 ssfi00 Finance Committee Senate Standing Referred to 2015-07-30T21:48:30Z Permanent S Corporation Built-in Gain Recognition Period Act of 2015 114 629 HR 2015-02-09 Placed on the Union Calendar, Calendar No. 9. Related bill CRS S Corporation Modernization Act of 2015 114 2788 HR 2015-06-16 Referred to the House Committee on Ways and Means. Related bill CRS 2015-07-30 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2015-07-30 Introduced in Senate IntroReferral 10000 9 Library of Congress R000307 Sen. Roberts, Pat [R-KS] PAT ROBERTS R KS N C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD 2015-07-30 True Taxation Accounting and auditing Business investment and capital Capital gains tax Securities Small business Tax administration and collection, taxpayers Taxation 00 2015-07-30 Introduced in Senate 2015-10-09T17:10:32Z This bill amends the Internal Revenue Code to make permanent a recognition period of 5 years (currently, 10 years) of the built-in gains of an S corporation beginning on the date that such corporation qualifies as an S corporation.

]]> A bill to amend the Internal Revenue Code of 1986 to make permanent the reduced recognition period for built-in gains for S corporations. Display Title A bill to amend the Internal Revenue Code of 1986 to make permanent the reduced recognition period for built-in gains for S corporations. Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to make permanent the reduced recognition period for built-in gains for S corporations. Introduced in Senate IS Introduced in Senate 2015-07-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1905is/xml/BILLS-114s1905is.xml 2015-07-30 Read twice and referred to the Committee on Finance. 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.