H.R. 1536 · 108th Congress
Publicly Traded Partnership Equity Act of 2003
- Stage
- In committee
- Sponsor
- Wally Herger
- Introduced
- 2003-04-01
- Latest action
- 2003-04-01 · Introduced in House
Summary
Publicly Traded Partnership Equity Act of 2003 - Amends the Internal Revenue Code to include distributions from publicly traded partnerships as qualifying income of regulated investment companies. Excludes such distributions from the source-based inclusion limitation applicable to other partnerships.Applies specified passive activity provisions for publicly traded partnerships to regulated investment companies.