Bill Sponsor
House Bill 5825
116th Congress(2019-2020)
To amend the Internal Revenue Code of 1986 to provide for reporting by certain investors with respect to certain specified medical care providers.
Introduced
Introduced
Introduced in House on Feb 10, 2020
Overview
Text
Introduced
Feb 10, 2020
Latest Action
Feb 12, 2020
Origin Chamber
House
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
5825
Congress
116
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.
Sponsorship by Party
Democrat
Massachusetts
Democrat
Michigan
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

This bill imposes a new reporting requirement under the Internal Revenue Code for certain investors with respect to certain specified medical care providers. Such investors must electronically file a separate annual return with respect to each medical care provider that contains information relating to gross receipts, real estate ownership, and other payments to related persons. The bill imposes a penalty on investors for failing to file complete and correct returns.

Text (1)
February 10, 2020
Actions (4)
02/12/2020
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
02/12/2020
Committee Consideration and Mark-up Session Held.
02/10/2020
Referred to the House Committee on Ways and Means.
02/10/2020
Introduced in House
Public Record
Record Updated
Aug 10, 2022 11:27:55 PM