A bill to amend the Internal Revenue Code of 1986 to modify the tax rate for excise tax on investment income of private foundations; to the Committee on Ways and Means.

H.R. 2311 — A bill to amend the Internal Revenue Code of 1986 to modify the tax rate for excise tax on investment income of private foundations; to the Committee on Ways and Means.

By Mr. PAULSEN (for himself and Mr. Davis of Illinois), H4526 [23JN]

Cosponsors added, H4751 [7JY], H6415 [22SE]