legislation: 113-hr-5645

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
113-hr-5645 113 hr 5645 Philanthropic Enterprise Act of 2014 Taxation 2014-09-18 2014-09-18 Referred to the House Committee on Ways and Means. House Rep. Reichert, David G. [R-WA-8] WA R R000578 5 Philanthropic Enterprise Act of 2014 - Amends the Internal Revenue Code to exempt the holdings of a private foundation in any business enterprise that meets specified requirements relating to exclusive ownership, minimum distribution of net operating income for the charitable purpose, and independent operation (i.e., not controlled by a substantial contributor or family members) from the excise taxes on excess business holdings and unrelated business income. 2023-01-11T13:25:31Z  

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