H.R. 4139 · 108th Congress
State Business Law Conformity Act of 2004
- Stage
- In committee
- Sponsor
- Amo Houghton
- Introduced
- 2004-04-02
- Latest action
- 2004-04-02 · Introduced in House
Summary
State Business Law Conformity Act of 2004 - Amends the Internal Revenue Code to: (1) revise certain partnership tax definitions and rules relating to general and limited partners; (2) exclude from net earnings from self-employment partnership income attributable to capital; and (3) repeal, after 2004, the election to apply large partnership (100 partners or more) tax rules.