S 1722
99th Congress
Senate
Taxation
Corporations
Corporations and Stocks
Dividends
Finance and Financial Sector
Income tax
Interest
Stockholders
Tax administration
A bill to amend the Internal Revenue Code of 1954 to eliminate the separate mailing requirement for statements relating to interest, dividends, and patronage dividends, and for other purposes.
Introduced: October 1, 1985
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 4, 1985
Committee on Finance requested executive comment from OMB, Treasury Department.
Oct 1, 1985
Read twice and referred to the Committee on Finance.
Oct 1, 1985
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to eliminate the current requirement that statements regarding the payment of dividends, patronage dividends, or interest must be sent out to recipients by a separate first class mailing. Requires the Secretary of the Treasury to report to the Congress on suitable means for distributing such information to recipients.
What's happening now
Committee on Finance requested executive comment from OMB, Treasury Department.
Committees of jurisdiction
1
Cosponsors
1