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115-hr-5813115th Congress

ROOT for Mainstreet Businesses Act of 2018

Sponsored By: Representative Barr, Andy [R-KY-6]

Unknown

Summary

Removing Onerous Obstacles in the Tax code for Mainstreet Businesses Act of 2018 or the ROOT for Mainstreet Businesses Act of 2018 This bill amends the Internal Revenue Code to exclude from personal holding company income certain rents and royalties that are derived in the active conduct of a trade or business and are not received from a related person.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Barr, Andy [R-KY-6]

KY • R

Cosponsors

  • Rep. Wenstrup, Brad R. [R-OH-2]

    OH • R

    Sponsored 5/15/2018

  • Rep. Reichert, David G. [R-WA-8]

    WA • R

    Sponsored 5/15/2018

  • Rep. Bishop, Mike [R-MI-8]

    MI • R

    Sponsored 5/15/2018

  • Rep. Walorski, Jackie [R-IN-2]

    IN • R

    Sponsored 6/1/2018

  • Rep. Marchant, Kenny [R-TX-24]

    TX • R

    Sponsored 6/7/2018

  • Rep. Nunes, Devin [R-CA-22]

    CA • R

    Sponsored 6/21/2018

  • Rep. Roskam, Peter J. [R-IL-6]

    IL • R

    Sponsored 6/26/2018

Roll Call Votes

No roll call votes available for this bill.

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