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HR 3903 117th Congress House Taxation

Tax Fairness Act of 2021

Introduced: June 15, 2021 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
Jun 15, 2021
Referred to the House Committee on Ways and Means.
Jun 15, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Tax Fairness Act of 2021

This bill modifies 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 June 15, 2021

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1