H.R. 4393 — To amend the Internal Revenue Code of 1986 to clarify the application of section 584(h) of such Code.

Summary

Amends the Internal Revenue Code to provide a rule for the nonrecognition of gain for certain distributions of regulated investment company stock by common trust funds (regulated bank investment funds) to their participants.

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Legislative Actions

2005-11-18
Introduced in House
2005-11-18
Introduced in House
2005-11-18
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to clarify the application of section 584(h) of such Code.

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