To prohibit the Secretary of the Treasury from changing the treatment of partnership distributions to limited partners.
Small Business Partnership Protection Act - Provides that the application of provisions of the Internal Revenue Code concerning the definition of net earnings from self-employment of a limited partner shall be determined without regard to any regulation, ruling, or other guidance issued after January 9, 1997.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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