2025-2026 Regular SessionUS Congress Legislature

SB1603

Legislative Summary

A bill to amend the Internal Revenue Code of 1986 to clarify the tax-exempt controlled entity rules with respect to certain stock of government-sponsored enterprises.

Demographic Impact

Overall analysis of equity impact

Neutral
Low Confidence

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Bill History

5/6/2025
Read twice and referred to the Committee on Finance.
Senate

Status Information

Current Status
Introduced(5/6/2025)
Chamber
Senate
Committee
Finance(Senate)

Sponsors

Republican: 2
Democrat: 2

Primary Sponsor

Jerry Moran
Jerry Moran
Republican