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Bill Title: To amend the Internal Revenue Code of 1986 to provide that indebtedness incurred by a partnership in acquiring securities and commodities is not treated as acquisition indebtedness for purposes of determining the unrelated business taxable income of organizations which are partners with limited liability.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced - Dead) 2009-07-31 - Referred to the House Committee on Ways and Means. [HB3497 Detail]

Download: US_Congress-2009-HB3497-Introduced.pdf

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