H.R.3619 - To amend the Revenue Act of 1987 to provide a permanent extension of the transition rule for certain publicly traded partnerships.103rd Congress (1993-1994)
|Sponsor:||Rep. Andrews, Michael [D-TX-25] (Introduced 11/22/1993)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 11/22/1993 Referred to the House Committee on Ways and Means. (All Actions)|
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Text: H.R.3619 — 103rd Congress (1993-1994)All Information (Except Text)
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Introduced in House (11/22/1993)
[Congressional Bills 103th Congress] [From the U.S. Government Printing Office] [H.R. 3619 Introduced in House (IH)] 103d CONGRESS 1st Session H. R. 3619 To amend the Revenue Act of 1987 to provide a permanent extension of the transition rule for certain publicly traded partnerships. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES November 22, 1993 Mr. Andrews of Texas (for himself, Mr. Sundquist, and Mr. Kopetski) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Revenue Act of 1987 to provide a permanent extension of the transition rule for certain publicly traded partnerships. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. PERMANENT EXTENSION OF TRANSITION RULE FOR CERTAIN PUBLICLY TRADED PARTNERSHIPS. (a) In General.--Paragraph (1) of section 10211(c) of the Revenue Act of 1987 (Public Law 100-203) is amended to read as follows: ``(1) In general.--The amendments made by this section shall apply to taxable years beginning after December 31, 1987, except that such amendments shall not apply to any existing partnership.'' (b) Effective Date.--The amendment made by this section shall take effect as if included in the provisions of section 10211 of the Revenue Act of 1987. <all>