Bill Information for s2094-119

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Long Title

A bill to amend the Internal Revenue Code of 1986 to modify the partnership rules for taxation of basis-shifting transactions involving related parties, and for other purposes.

Short Title

Basis Shifting is a Rip-off Act

Vote Information

Status: REFERRED as of 2025-06-17 00:00:00.

Sponsor: This bill was sponsored by Ron Wyden (D-OR).

Party line votes are determined based on this being a D-sponsored piece of legislation. See here for information on how party line votes are determined.

Vote count: There were 0 roll call votes on this bill in total.