H.R. 4393 · 109th Congress
To amend the Internal Revenue Code of 1986 to clarify the application of section 584(h) of such Code.
- Stage
- In committee
- Sponsor
- Kevin Brady
- Introduced
- 2005-11-18
- Latest action
- 2005-11-18 · Introduced in House
Summary
Amends the Internal Revenue Code to provide a rule for the nonrecognition of gain for certain distributions of regulated investment company stock by common trust funds (regulated bank investment funds) to their participants.