US HB2604 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 22-0)
Status: Introduced on July 20 2011 - 25% progression, died in committee
Action: 2011-07-20 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 20 2011 - 25% progression, died in committee
Action: 2011-07-20 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to allow nonrecognition of gain in a corporate reorganization for corporations that exchange property solely for stock other than nonqualified preferred stock.
Title
To amend the Internal Revenue Code of 1986 to provide for the treatment of securities of a controlled corporation exchanged for assets in certain reorganizations.
Sponsors
| Rep. Louise Slaughter [D-NY] | Rep. Jerry Costello [D-IL] | Rep. Peter DeFazio [D-OR] | Rep. Janice Hahn [D-CA] |
| Rep. Brian Higgins [D-NY] | Rep. Maurice Hinchey [D-NY] | Rep. Henry Johnson [D-GA] | Rep. Marcy Kaptur [D-OH] |
| Rep. Dennis Kucinich [D-OH] | Rep. Betty McCollum [D-MN] | Rep. Michael Michaud [D-ME] | Rep. Grace Napolitano [D-CA] |
| Rep. John Olver [D-MA] | Rep. Collin Peterson [D-MN] | Rep. Chellie Pingree [D-ME] | Rep. Nick Rahall [D-WV] |
| Rep. Janice Schakowsky [D-IL] | Rep. Betty Sutton [D-OH] | Rep. John Tierney [D-MA] | Sen. Chris Van Hollen [D-MD] |
| Rep. Timothy Walz [D-MN] | Sen. Peter Welch [D-VT] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-07-20 | House | Referred to the House Committee on Ways and Means. |
| 2011-07-20 | House | Sponsor introductory remarks on measure. (CR E1371) |
Same As/Similar To
SB2132 (Related) 2012-02-27 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 327.
HB6152 (Related) 2012-07-19 - Referred to the House Committee on Ways and Means.
HB14 (Related) 2012-03-21 - Referred to House Foreign Affairs
HB6152 (Related) 2012-07-19 - Referred to the House Committee on Ways and Means.
HB14 (Related) 2012-03-21 - Referred to House Foreign Affairs
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/2604/all-info |
| Text | https://www.congress.gov/112/bills/hr2604/BILLS-112hr2604ih.pdf |
