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H.R. 4852·105th Congress·House Bill
To amend the Internal Revenue Code of 1986 to provide that the transfer of property subject to a liability shall be treated in the same manner as the transfer of property involving an assumption of liability.
IntroducedTrack
IntroducedIn committeePassed HousePassed SenateTo PresidentBecame law
Latest action (19 Oct 1998): Introduced
What this bill does
Plain-English summary
Generate a neutral, plain-English explanation of what this bill does, who it affects and what happens next — grounded in the official text.
Official summary
Amends the Internal Revenue Code to revise provisions concerning a corporation, its shareholders, and the transferring of certain assets and liabilities.
Common questions
- What does H.R. 4852 do?
- Amends the Internal Revenue Code to revise provisions concerning a corporation, its shareholders, and the transferring of certain assets and liabilities.
- Has H.R. 4852 become law?
- Not yet. As of 19 Oct 1998, H.R. 4852 is introduced.
- Who sponsored H.R. 4852?
- H.R. 4852 was sponsored by Rep. Bill Archer [R-TX7, 1971-2000] (Republican-TX), with 0 cosponsors.
- What's the latest action on H.R. 4852?
- Introduced (19 Oct 1998).
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