Senate Bill 13
115th Congress(2017-2018)
No Windfalls for Government Service Act
Introduced
Introduced in Senate on Jan 3, 2017
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
13
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
No Windfalls for Government Service Act
This bill amends the Internal Revenue Code to establish a $1 million lifetime limitation on the nonrecognition of a taxpayer's gains from the sale of property pursuant to a certificate of divesture to comply with conflict-of-interest requirements for certain federal government positions.
January 3, 2017
01/03/2017
Read twice and referred to the Committee on Finance.
01/03/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:34:08 PM