HR 2284 · 111th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow individuals to defer tax on income reinvested in a partnership or S corporation.

Introduced 2009-05-06· Sponsored by Rep. Paulsen, Erik [R-MN-3]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2009-05-06)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow individual taxpayers an exclusion from gross income for certain items of partnership and S corporation pass-thru income up to $250,000 ($500,000 for married couples filing joint returns).…

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