Bill115th CongressFiled Jan 5, 2017Taxation
S. 47
Protect Family Farms and Businesses Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jan 5, 2017)
Protect Family Farms and Businesses Act
This bill prohibits proposed Internal Revenue Service regulations published on August 4, 2016, relating to restrictions on liquidation of an interest with respect to estate, gift, and generation-skipping transfer taxes from taking effect. The bill prohibits funds from being used to finalize, implement, administer, or enforce the proposed regulations or any substantially similar regulations.
What just happenedJan 5, 2017
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Rubio, Marco [R-FL](R-FL)Sponsor
4 cosponsors4 R
4cosponsors1committees2actions1related bills5subjects
- Introduced in SenateJan 5, 2017
- Jan 5, 2017IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jan 5, 2017IntroReferral10000
Introduced in Senate