Senate Amendment 3106 to Senate Concurrent Resolution 14
117th Congress(2021-2022)
To protect owners of generationally-owned businesses, farms, and ranches so that they may continue to transfer ownership or operations to family members or others based upon the same tax principles that existed when they began operations and under which they currently operate, including the full benefit of the step-up in basis.
Agreed To
Agreed to in Senate on Aug 10, 2021
Sponsor
Submitted
Aug 10, 2021
Latest Action
Aug 10, 2021
Origin Chamber
Senate
Type
Amendment
Amendment
A proposed change to a pending text (e.g., a bill, resolution, another amendment, or a treaty [or an associated resolution of ratification]).
Amendment Number
3106
Congress
117
Sponsorship by Party
South Dakota
Arkansas
Indiana
Nebraska
North Dakota
Actions (4)
08/10/2021
Senate amendment agreed to: Amendment SA 3106 agreed to in Senate by Yea-Nay Vote. 99 - 0. Record Vote Number: 318.
08/10/2021
Amendment SA 3106 agreed to in Senate by Yea-Nay Vote. 99 - 0. Record Vote Number: 318.
08/10/2021
Amendment SA 3106 proposed by Senator Thune. (consideration: CR S6208-6209; text: CR S6209) To protect owners of generationally-owned businesses, farms, and ranches so that they may continue to transfer ownership or operations to family members or others based upon the same tax principles that existed when they began operations and under which they currently operate, including the full benefit of the step-up in basis.
08/10/2021
Senate amendment submitted
Amended Bill
Aug 24, 2021
Passed House
11
Sponsorship
Public Record
Record Created
Aug 11, 2021 11:05:58 AM
Record Updated
Aug 12, 2021 9:11:51 PM