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S. 3527

BillFederalSenateIn Committee
No Windfalls for Government Service Act
About This Bill
Committee
Latest Action · December 8, 2016
Read twice and referred to the Committee on Finance.
Congress
114th (2015–2017)
Introduced
December 8, 2016
Cosponsors (4)
4D 0R
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Summary

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No Windfalls for Government Service Act This bill amends the Internal Revenue Code to establish a $1 million lifetime limitation on the nonrecognition of a taxpayer's gains from the sale of property pursuant to a certificate of divesture to comply with conflict-of-interest requirements for certain federal government positions.

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