This bill amends the Internal Revenue Code to make permanent a recognition period of 5 years (currently, 10 years) of the built-in gains of an S corporation beginning on the date that such corporation qualifies as an S corporation.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2015-07-30 | IntroReferral | Read twice and referred to the Committee on Finance. | Senate |
| 2015-07-30 | IntroReferral | Introduced in Senate | Library of Congress |