HR 4139 · 108th Congress · Taxation

State Business Law Conformity Act of 2004

Introduced 2004-04-02· Sponsored by Rep. Houghton, Amo [R-NY-29]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2004-04-02)

Plain Language Summary

[AI summary unavailable — showing source text] State Business Law Conformity Act of 2004 - Amends the Internal Revenue Code to: (1) revise certain partnership tax definitions and rules relating to general and limited partners; (2) exclude from net earnings from self-employment partnership income attributable to capital; and (3) repeal, after 2004, the election to apply large partnership (100 partners or more) tax rules.…

Summarized by Claude AI · Non-partisan · For informational purposes only