A bill to amend the Internal Revenue Code of 1986 to exempt private foundations from the tax on excess business holdings in the case of certain philanthropic enterprises which are independently supervised, and for other purposes.
The bill’s titles are written by its sponsor.
Sponsor. Senator for Connecticut. Independent.
Last Updated: Jul 12, 2012
Length: 6 pages
Jul 12, 2012
112th Congress, 2011–2013
Died in a previous Congress
This bill was introduced on July 12, 2012, in a previous session of Congress, but was not enacted.
Jul 12, 2012
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
S. 3377 (112th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
This bill was introduced in the 112th Congress, which met from Jan 5, 2011 to Jan 3, 2013. Legislation not enacted by the end of a Congress is cleared from the books.
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Civic Impulse. (2017). S. 3377 — 112th Congress: Philanthropic Enterprise Act of 2012. Retrieved from https://www.govtrack.us/congress/bills/112/s3377
“S. 3377 — 112th Congress: Philanthropic Enterprise Act of 2012.” www.GovTrack.us. 2012. November 18, 2017 <https://www.govtrack.us/congress/bills/112/s3377>
|title=S. 3377 (112th)
|accessdate=November 18, 2017
|author=112th Congress (2012)
|date=July 12, 2012
|quote=Philanthropic Enterprise Act of 2012
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