HR 5514
115th Congress
House
Taxation
Capital gains tax
Income tax rates
Tax administration and collection, taxpayers
Tax Fairness Act of 2018
Introduced: April 13, 2018
Introduced by:
Grothman, Glenn
Republican
· Wisconsin
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 13, 2018
Referred to the House Committee on Ways and Means.
Apr 13, 2018
Introduced in House
Plain-English summary
Tax Fairness Act of 2018
This bill amends the Internal Revenue Code to modify the tax treatment of partnership interests held in connection with the performance of services. The bill requires certain income from the partnerships to be treated as ordinary income rather than as capital gains.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1