118th Congress · HOUSE BILLBILL

H.R. 5225 — Small Business Investor Tax Parity Act of 2023

“To amend section 199A of the Internal Revenue Code of 1986 to allow the deduction under that section to apply to qualified BDC interest dividends in the same manner as qualified REIT dividends.”

Taxation

Introduced Aug 18, 2023

Last action Aug 18, 2023

Pipeline · Bill → Law

Step 1

Introduced

Aug 18, 2023

Step 2

Referred

Aug 18, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill allows a tax deduction for qualified business development company interest dividends on the same basis as qualified real estate investment trust (REIT) dividends.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Aug 18, 2023

Introduced in House

Aug 18, 2023

Referred to the House Committee on Ways and Means.