118th Congress · HOUSE BILLBILL

H.R. 2611 — Eliminating Paperwork for Startups Act

“To amend the Internal Revenue Code of 1986 to require the Secretary of the Treasury to permit an election relating to property transferred in connection with services to be made in electronic form.”

Taxation

Introduced Apr 13, 2023

Last action Apr 13, 2023

Pipeline · Bill → Law

Step 1

Introduced

Apr 13, 2023

Step 2

Referred

Apr 13, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill requires the Internal Revenue Service to allow the election relating to property transferred in connection with services (i.e., to include in gross income the amount of such property in the year of transfer) to be made in electronic form.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Apr 13, 2023

Introduced in House

Apr 13, 2023

Referred to the House Committee on Ways and Means.