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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

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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