Bill Text — Jul 12, 2012
This bill’s text is now available.
Jul 12, 2012
112th Congress, 2011–2013
This bill was introduced on July 12, 2012, in a previous session of Congress, but was not enacted.
Senator from Connecticut
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Last Updated: Jul 12, 2012
Length: 6 pages
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.
7/12/2012--Introduced.Philanthropic Enterprise Act of 2012 - Amends the Internal Revenue Code to exempt the holdings of a private foundation in any business enterprise that meet specified requirements relating to exclusive ... Read more >
The bill’s title was written by its sponsor.
This is the first step in the legislative process.
This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 3377”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
The committee chair determines whether a bill will move past the committee stage.
There have been no roll call votes related to this bill.
Click a format for a citation suggestion:
Civic Impulse. (2015). 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 27, 2015 <https://www.govtrack.us/congress/bills/112/s3377>
|title=S. 3377 (112th)
|accessdate=November 27, 2015
|author=112th Congress (2012)
|date=July 12, 2012
|quote=Philanthropic Enterprise Act of 2012