HR 217 · 109th Congress · Taxation

To amend the Internal Revenue Code of 1986 to repeal the 2 percent excise tax on the net investment income of tax-exempt foundations.

Introduced 2005-01-04· Sponsored by Rep. Stearns, Cliff [R-FL-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-01-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to repeal the two percent excise tax on the net investment income of tax-exempt foundations.…

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