Amends the Internal Revenue Code, concerning the active business definition relating to distributions of stock and securities of a controlled corporation, to require that all corporations that are members of the same affiliated group be treated as a single corporation.
Actions
Jul 31, 2001
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S8477)
Jul 31, 2001
Sponsor introductory remarks on measure. (CR S8477)