HR 4032 · 97th Congress · Commerce

A bill to amend the Internal Revenue Code of 1954 to repeal the passive income limitation for small business corporations.

Introduced 1981-06-25· Sponsored by Rep. Stenholm, Charles W. [D-TX-17]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-06-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to eliminate the passive investment income limitation for subchapter S corporations.…

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