legislation: 117-hr-9044

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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
117-hr-9044 117 hr 9044 To amend the Internal Revenue Code of 1986 to create a safe harbor for certain perpetual trust funds. Taxation 2022-09-29 2022-09-29 Referred to the House Committee on Ways and Means. House Rep. Doggett, Lloyd [D-TX-35] TX D D000399 13 This bill creates a safe harbor for certain perpetual trust funds. It excludes from the definition of investment property under arbitrage provisions any fund created and controlled by a state and established pursuant to its constitution or state law if on a specified date, substantially all of the assets of the fund consist of nonfinancial assets and the assets are used only to support specifically designated essential governmental functions. 2023-03-06T15:00:20Z  

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