S 47
115th Congress
Senate
Taxation
Administrative law and regulatory procedures
Department of the Treasury
Internal Revenue Service (IRS)
Tax administration and collection, taxpayers
Transfer and inheritance taxes
Protect Family Farms and Businesses Act
Introduced: January 5, 2017
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 5, 2017
Read twice and referred to the Committee on Finance.
Jan 5, 2017
Introduced in Senate
Plain-English summary
Protect Family Farms and Businesses Act
This bill prohibits proposed Internal Revenue Service regulations published on August 4, 2016, relating to restrictions on liquidation of an interest with respect to estate, gift, and generation-skipping transfer taxes from taking effect. The bill prohibits funds from being used to finalize, implement, administer, or enforce the proposed regulations or any substantially similar regulations.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1