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S. 3527

No Windfalls for Government Service Act

No Windfalls for Government Service Act

This bill amends the Internal Revenue Code to establish a $1 million lifetime limitation on the nonrecognition of a taxpayer's gains from the sale of property pursuant to a certificate of divesture to comply with conflict-of-interest requirements for certain federal government positions.

Read twice and referred to the Committee on Finance.

Sen. Whitehouse, Sheldon [D-RI](D-RI)Sponsor
4 cosponsors4 D
4cosponsors1committees2actions4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

No Windfalls for Government Service Act — Informed