Ending Tax Breaks for Private Prisons Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 14, 2016)
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.
What just happenedJul 14, 2016
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateJul 14, 2016
- Jul 14, 2016IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jul 14, 2016IntroReferral10000
Introduced in Senate