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Philanthropic Enterprise Act of 2015
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vs 6,526 other HR bills in the 114th — cohort avg 56d
Philanthropic Enterprise Act of 2015 This bill amends the Internal Revenue Code to exempt the holdings of a private foundation in any business enterprise that meet specified requirements relating to exclusive ownership, minimum distribution of net operating income for the charitable purpose (all profits to charity distribution requirement), and independent operation (not controlled by a substantial contributor or family members) from the excise taxes on excess business holdings and unrelated business income.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (1)
2016 · fourth_quarter · Taxation/Internal Revenue Code
Private foundation tax issues and other general tax and budget issues; proposals related to the Private Foundation Excess Business Holdings Rules. S 909 (Philanthropic Enterprise Act of 2015)-(Hatch); HR 2029 (Consolidated Appropriations Act, 2016); HR 3732 (Philanthropic Enterprise Act of 2015).
Client expense: Not reported · Firm income: $60,000
Referred to the House Committee on Ways and Means.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Taxation/Internal Revenue Code
Private foundation tax issues and other general tax and budget issues; proposals related to the Private Foundation Excess Business Holdings Rules. S 909 (Hatch); HR 2029; HR 3732.
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · second_quarter · Taxation/Internal Revenue Code
Private foundation tax issues and other general tax and budget issues; proposals related to the Private Foundation Excess Business Holdings Rules. S 909 (Hatch); HR 2029; HR 3732.
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · first_quarter · Taxation/Internal Revenue Code
Private foundation tax issues and other general tax and budget issues; proposals related to the Private Foundation Excess Business Holdings Rules. S 909 (Hatch); HR 2029; HR 3732.
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
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