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H.R. 4255

Ending Tax Breaks for Private Prisons Act

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.

Referred to the House Committee on Ways and Means.

Rep. Meeks, Gregory W. [D-NY-5](D-NY)Sponsor
4 cosponsors4 D
4cosponsors1committees3actions1related bills5subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Ending Tax Breaks for Private Prisons Act — Informed