Congress: 110th

Sponsor: Senator Baucus, Max (06/14/2007)

Committees: Senate - Finance

Description: A bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships directly or indirectly deriving income from providing investment adviser and related asset management services.

Lastest Action: 06/14/2007 Read twice and referred to the Committee on Finance.  (All Actions)

Official: S.1624 -- 110th Congress