S. 3527 · 114th Congress
No Windfalls for Government Service Act
- Stage
- In committee
- Sponsor
- Sheldon Whitehouse
- Introduced
- 2016-12-08
- Latest action
- 2016-12-08 · Introduced in Senate
Summary
No Windfalls for Government Service Act
This bill amends the Internal Revenue Code to establish a $1 million lifetime limitation on the nonrecognition of a taxpayer's gains from the sale of property pursuant to a certificate of divesture to comply with conflict-of-interest requirements for certain federal government positions.