Warning: session_start(): open(/var/lib/php/session/sess_a82t4tbdmk4pdld1t4mhef6hr3, O_RDWR) failed: Permission denied (13) in /var/www/html/realclearpolitics.com/httpdocs/congressional_bill_tracker/app/application/mvc.php on line 3 Warning: file_get_contents(http://congress.api.sunlightfoundation.com/bills?apikey=f323a285321542e3925601990ef5c589&congress=113&bill_type=hr&number=4453&fields=versions,latest_version): failed to open stream: HTTP request failed! HTTP/1.1 504 Gateway Time-out in /var/www/html/realclearpolitics.com/httpdocs/congressional_bill_tracker/app/application/model.php on line 738 RCP Congressional Bill Tracker - H.R. 4453

CONGRESSIONAL BILL TRACKER

Track Members of Congress & Get Email Updates on Their Activity

H.R. 4453: S Corporation Permanent Tax Relief Act of 2014

Title: S Corporation Permanent Tax Relief Act of 2014

Introduced: Apr 10, 2014 (113th Congress)

Sponsor: (No First Name Found) (No Last Name Found) [-]

Status: Passed House - On passage Passed by the Yeas and Nays: 263 - 155 (Roll no. 311).

Summary: S Corporation Permanent Tax Relief Act of 2014 - Amends the Internal Revenue Code, with respect to the taxation of S corporations, to make permanent: (1) the reduction of the period (10 to 5 years) during which the built-in gains of such corporations are subject to tax, and (2) the rule requiring an adjustment to the basis of an shareholder's stock in an S corporation that makes tax deductible contributions of appreciated property.  Prohibits the entry of the budgetary effects of this Act on any PAYGO (Pay As You Go) scorecard.

Votes

Warning: Unknown: open(/var/lib/php/session/sess_a82t4tbdmk4pdld1t4mhef6hr3, O_RDWR) failed: Permission denied (13) in Unknown on line 0 Warning: Unknown: Failed to write session data (files). Please verify that the current setting of session.save_path is correct (/var/lib/php/session) in Unknown on line 0