Bill116th CongressFiled Jun 18, 2020Taxation
H.R. 7283
To amend the Internal Revenue Code of 1986 to provide that certain contributions by government entities are treated as contributions to capital.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in house (Jun 18, 2020)
This bill amends the Internal Revenue Code to revise requirements for the tax exclusion for contributions to the capital of a corporation. Specifically, the bill allows an exclusion for certain amounts received by a regulated public utility that provides water or sewerage disposal services.
What just happenedJun 18, 2020
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Walden, Greg [R-OR-2](R-OR)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions1related bills5subjects
- Introduced in HouseJun 18, 2020
- Jun 18, 2020IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jun 18, 2020IntroReferralIntro-H
Introduced in House
- Jun 18, 2020IntroReferral1000
Introduced in House