Introduced
by
To exempt certain “flow-through entity” type businesses (partnerships, subchapter-S corporations) from having to withhold individual income taxes on distributed income, with some exceptions.
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 105 to 1 (details)
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 0 (details)
To exempt certain “flow-through entity” type businesses (partnerships, subchapter-S corporations) from having to withhold individual income taxes on distributed income, with some exceptions.
