HR 3903 · 117th Congress · Taxation

Tax Fairness Act of 2021

Introduced 2021-06-15· Sponsored by Rep. Grothman, Glenn [R-WI-6]· 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.(2021-06-15)

Plain Language Summary

[AI summary unavailable — showing source text] Tax Fairness Act of 2021 This bill modifies the tax treatment of partnership interests held in connection with the performance of services. The bill requires certain income from the partnerships to be treated as ordinary income rather than as capital gains.…

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