3106

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Amendment Number
3106
Purpose
To protect owners of generationally-owned businesses, farms, and ranches so that they may continue to transfer ownership or operations to family members or others based upon the same tax principles that existed when they began operations and under which they currently operate, including the full benefit of the step-up in basis.
Congress
117
Type
SAMDT
Latest Action Date
Aug 10, 2021
Latest Action Text
Amendment SA 3106 agreed to in Senate by Yea-Nay Vote. 99 - 0. Record Vote Number: 318.
Proposed Date
Aug 10, 2021
Submitted Date
Aug 10, 2021
Chamber
Senate
Update Date
Aug 12, 2021
Amendment 3106 — Informed