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S 2949 106th Congress Senate

A bill to amend the Internal Revenue Code of 1986 to treat distributions from publicly traded partnerships as qualifying income of regulated investment companies, and for other purposes.

Introduced: July 27, 2000 See on congress.gov
Taxation AccountingBusiness income taxBusiness lossesCommerce
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Corporation taxesFinance and Financial SectorIncome taxMutual fundsPartnershipsTax credits
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 27, 2000
Read twice and referred to the Committee on Finance.
Jul 27, 2000
Introduced in Senate
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 Latest action July 27, 2000

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service
Amends the Internal Revenue Code to include distributions from publicly traded partnerships as qualifying income of regulated investment companies. Excludes such distributions from the source-based inclusion limitation applicable to other partnerships.

Applies specified passive activity provisions for publicly traded partnerships to regulated investment companies.

 Related & companion bills 1
  • HR 607 Identical bill To amend the Internal Revenue Code of 1986 to treat distributions from publicly traded partnerships as qualifying incom…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · Jul 27, 2000
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2949: A bill to amend the Internal Revenue Code of 1986 to treat distributions from publicly traded partnerships as qualifying income of regulated investment companies, and for other purposes.. 106th Congress. Open America. https://openamerica.io/bill/106-S-2949/
MLA
"S. 2949: A bill to amend the Internal Revenue Code of 1986 to treat distributions from publicly traded partnerships as qualifying income of regulated investment companies, and for other purposes.." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-S-2949/.
Bluebook (legal)
S. 2949, 106th Cong. (2026), https://openamerica.io/bill/106-S-2949/.
Markdown link
[S. 2949: A bill to amend the Internal Revenue Code of 1986 to treat distributions from publicly traded partnerships as qualifying income of regulated investment companies, and for other purposes.](https://openamerica.io/bill/106-S-2949/)
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