3.0.0 2075 2023-01-11T13:39:24Z 2023-01-11T13:39:24Z Senate S 2017-11-06 115 ssfi00 Finance Committee Senate Standing Referred to 2017-11-06T21:14:21Z Ending Tax Breaks for Private Prisons Act 115 4255 HR 2017-11-06 Referred to the House Committee on Ways and Means. Identical bill CRS 2017-11-06 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2017-11-06 Introduced in Senate IntroReferral 10000 9 Library of Congress W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR N Taxation Corporate finance and management Correctional facilities and imprisonment Financial services and investments Income tax rates Real estate business Taxation 00 2017-11-06 Introduced in Senate 2017-11-13T15:16:53Z 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.

]]> Ending Tax Breaks for Private Prisons Act Display Title Ending Tax Breaks for Private Prisons Act Short Titles as Introduced Ending Tax Breaks for Private Prisons Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to exclude corporations operating prisons from the definition of taxable REIT subsidiary. Introduced in Senate 2017-11-06T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s2075is/xml/BILLS-115s2075is.xml 2017-11-06 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.