HR 5825
116th Congress
House
Taxation
Business records
Civil actions and liability
Financial services and investments
Health personnel
To amend the Internal Revenue Code of 1986 to provide for reporting by certain investors with respect to certain specified medical care providers.
Introduced: February 10, 2020
Introduced by:
Neal, Richard E.
Democratic
· Massachusetts
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 12, 2020
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Feb 12, 2020
Committee Consideration and Mark-up Session Held.
Feb 10, 2020
Referred to the House Committee on Ways and Means.
Feb 10, 2020
Introduced in House
Plain-English summary
This bill imposes a new reporting requirement under the Internal Revenue Code for certain investors with respect to certain specified medical care providers. Such investors must electronically file a separate annual return with respect to each medical care provider that contains information relating to gross receipts, real estate ownership, and other payments to related persons. The bill imposes a penalty on investors for failing to file complete and correct returns.
What's happening now
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Committees of jurisdiction
1