S. 2094 Introduced Taxation

Basis Shifting is a Rip-off Act

A bill to amend the Internal Revenue Code of 1986 to modify the partnership rules for taxation of basis-shifting transactions involving related parties, and for other purposes.

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. Wyden, Ron [D-OR] Introduced June 17, 2025 Cosponsors 0 Latest action June 17, 2025

Summary

The Congressional Research Service has not published a summary of this bill yet.

Congress.gov

Actions

  1. Jun 17, 2025 Read twice and referred to the Committee on Finance.
  2. Jun 17, 2025 Introduced in Senate

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