119th Congress · introduced in the Senate · Jun 17, 2025
Basis Shifting is a Rip-off Act
Official title from Congress.gov
Latest action (Jun 17, 2025): Read twice and referred to the Committee on Finance.
View on Congress.govPolicy area: Taxation
No official summary has been published for this bill.
No cosponsors.
Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Read twice and referred to the Committee on Finance.
Introduced in Senate
Actions from Congress.gov, newest first.
LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsCoverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 24, 2026.
5 citations.
REAL ESTATE ROUNDTABLE · lobbying firm or registrant: REAL ESTATE ROUNDTABLE
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Taxation/Internal Revenue Code
$1,485,577
Spent on own lobbying
…pass-through business income (section 199A) and tax rules on pass-through income, including the PARTNERSHIPS Act (s. 2095) and Basis Shifting is a Rip Off Act (S. 2094) Opportunity Zone reform, reporting, and transition rules Revitalizing Downtowns and Main Streets Act and tax incentives for property conversions (HR 9002) Bus…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
REAL ESTATE ROUNDTABLE · lobbying firm or registrant: REAL ESTATE ROUNDTABLE
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 9, 2026 · issue area: Taxation/Internal Revenue Code
$1,002,073
Spent on own lobbying
…pass-through business income (section 199A) and tax rules on pass-through income, including the PARTNERSHIPS Act (s. 2095) and Basis Shifting is a Rip Off Act (S. 2094) Opportunity Zone reform, reporting, and transition rules Revitalizing Downtowns and Main Streets Act and tax incentives for property conversions (HR 9002) Bus…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
REAL ESTATE ROUNDTABLE · lobbying firm or registrant: REAL ESTATE ROUNDTABLE
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 13, 2026 · issue area: Taxation/Internal Revenue Code
$1,011,072
Spent on own lobbying
…pass-through business income (section 199A) and tax rules on pass-through income, including the PARTNERSHIPS Act (s. 2095) and Basis Shifting is a Rip Off Act (S. 2094) Opportunity Zone reform, reporting, and transition rules Revitalizing Downtowns and Main Streets Act and tax incentives for property conversions (HR 9002) Bus…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
REAL ESTATE ROUNDTABLE · lobbying firm or registrant: REAL ESTATE ROUNDTABLE
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Jan 18, 2026 · issue area: Taxation/Internal Revenue Code
$1,484,644
Spent on own lobbying
…loss limitation and section 461(l)(Excess Business Losses) Treasury guidance: partnership basis-shifting transactions and the Basis Shifting is a Rip-off Act (s.2094) SECA limited partner exception under section 1402(a)(13) Immediate expensing of factories Taxable REIT subsidiary asset test Retaliatory Tax Measures and Prop…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
REAL ESTATE ROUNDTABLE · lobbying firm or registrant: REAL ESTATE ROUNDTABLE
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · posted Oct 16, 2025 · issue area: Taxation/Internal Revenue Code
$1,531,560
Spent on own lobbying
…loss limitation and section 461(l)(Excess Business Losses) Treasury guidance: partnership basis-shifting transactions and the Basis Shifting is a Rip-off Act (s.2094) SECA limited partner exception under section 1402(a)(13) Immediate expensing of factories Taxable REIT subsidiary asset test One Big Beautiful Bill Act (HR1)…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing