HR-4953 : Still Just a Bill


Private Foundation Excise Tax Simplification Act of 2019

This bill reduces the excise tax on the net investment income of private foundations from 2% to 1.39%.

Action Timeline

Action DateTypeTextSource
2019-10-31IntroReferralReferred to the House Committee on Ways and Means.House floor actions
2019-10-31IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Taxation
Related Subjects
  • Budget process
  • Financial services and investments
  • Sales and excise taxes
  • Tax-exempt organizations
Related Geographic Entities
Related Organizations

Related Bills

See Related Bills