Skip to main content
HR 4486 111th Congress House Taxation Capital gains tax Corporate finance and management Securities Tax administration and collection, taxpayers

To amend the Internal Revenue Code of 1986 to treat distributions of debt securities in a tax free spin-off transaction in the same manner as distributions of cash or other property.

Introduced: January 21, 2010 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) 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
Jan 21, 2010
Referred to the House Committee on Ways and Means.
Jan 21, 2010
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to treat securities and nonqualified preferred stock paid to a parent corporation by a subsidiary in a corporate reorganization as cash payments, thus subjecting the gain attributable to such payments to tax.

What's happening now January 21, 2010

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 7
D
Johnson, Henry C. "Hank"
Georgia · Apr 13, 2010
 D
Kaptur, Marcy
Ohio · Jan 21, 2010
 D
McCollum, Betty
Minnesota · Jan 21, 2010
 D
Pingree, Chellie
Maine · Jan 21, 2010
 D
Schakowsky, Janice D.
Illinois · Jan 21, 2010
 D
Van Hollen, Chris
Maryland · Jan 21, 2010
 D
Welch, Peter
Vermont · Jan 21, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4486: To amend the Internal Revenue Code of 1986 to treat distributions of debt securities in a tax free spin-off transaction in the same manner as distributions of cash or other property.. 111th Congress. Open America. https://openamerica.io/bill/111-HR-4486/
MLA
"H.R. 4486: To amend the Internal Revenue Code of 1986 to treat distributions of debt securities in a tax free spin-off transaction in the same manner as distributions of cash or other property.." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-4486/.
Bluebook (legal)
H.R. 4486, 111th Cong. (2026), https://openamerica.io/bill/111-HR-4486/.
Markdown link
[H.R. 4486: To amend the Internal Revenue Code of 1986 to treat distributions of debt securities in a tax free spin-off transaction in the same manner as distributions of cash or other property.](https://openamerica.io/bill/111-HR-4486/)
Report a problem