House bill HR4953-116

Ways and Means Committee

Private Foundation Excise Tax Simplification Act of 2019

• Last activity on Oct 31, 2019

• Introduced Oct 31, 2019

• By Rep. Davis, Danny K. [D-IL-7]

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Private Foundation Excise Tax Simplification Act of 2019

This bill reduces the excise tax on the net investment income of private foundations from 2% to 1.39%.

HR3301-116, S1475-116, HR3259-116,

IntroReferral
Oct. 31 2019	Referred to the House Committee on Ways and Means.

IntroReferral
Oct. 31 2019	Introduced in House Introduced in House