H.R. 4839 · 111th Congress
To amend the Internal Revenue Code of 1986 to exclude from gross income contributions to the capital of a partnership, and for other purposes.
- Stage
- In committee
- Sponsor
- Danny Davis
- Introduced
- 2010-03-12
- Latest action
- 2010-03-12 · Introduced in House
Summary
Amends the Internal Revenue Code to: (1) exclude from gross income contributions to the capital of a partnership; and (2) set forth rules for determining the basis of property and money contributed to the capital of a partnership.