HR 2604
112th Congress
House
Taxation
Corporate finance and management
Income tax exclusion
Securities
To amend the Internal Revenue Code of 1986 to provide for the treatment of securities of a controlled corporation exchanged for assets in certain reorganizations.
Introduced: July 20, 2011
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 20, 2011
Referred to the House Committee on Ways and Means.
Jul 20, 2011
Sponsor introductory remarks on measure. (CR E1371)
Jul 20, 2011
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow nonrecognition of gain in a corporate reorganization for corporations that exchange property solely for stock other than nonqualified preferred stock.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1