HR 1416 · 115th Congress · Taxation
Preserving Investment in Neighborhoods Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2017-03-07)
Plain Language Summary
[AI summary unavailable — showing source text]
Preserving Investment in Neighborhoods Act This bill amends the Internal Revenue Code to: (1) exclude from gross income contributions to the capital of a partnership, and (2) set forth rules for determining the basis of property and money contributed to the capital of a partnership.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (3)
1 Democrat2 Republicans