H.R. 5813 · 115th Congress
ROOT for Mainstreet Businesses Act of 2018
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
BarrSponsor7 cosponsors · 7 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Removing Onerous Obstacles in the Tax code for Mainstreet Businesses Act of 2018 or the ROOT for Mainstreet Businesses Act of 2018
What it does: CRS summary · Introduced in House · May 15, 2018
Removing Onerous Obstacles in the Tax code for Mainstreet Businesses Act of 2018 or the ROOT for Mainstreet Businesses Act of 2018
This bill amends the Internal Revenue Code to exclude from personal holding company income certain rents and royalties that are derived in the active conduct of a trade or business and are not received from a related person.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: ROOT for Mainstreet Businesses Act of 2018
Also known as: Removing Onerous Obstacles in the Tax code for Mainstreet Businesses Act of 2018
Latest action (May 15, 2018): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: May 15, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.