H.R.1536 - Publicly Traded Partnership Equity Act of 2003108th Congress (2003-2004)
|Sponsor:||Rep. Herger, Wally [R-CA-2] (Introduced 04/01/2003)|
|Committees:||House - Ways and Means|
|Latest Action:||04/01/2003 Referred to the House Committee on Ways and Means.|
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Summary: H.R.1536 — 108th Congress (2003-2004)All Bill Information (Except Text)
Publicly Traded Partnership Equity Act of 2003 - Amends the Internal Revenue Code to include distributions from publicly traded partnerships as qualifying income of regulated investment companies. Excludes such distributions from the source-based inclusion limitation applicable to other partnerships.
Introduced in House (04/01/2003)
Applies specified passive activity provisions for publicly traded partnerships to regulated investment companies.