There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/01/2003)

Publicly Traded Partnership Equity Act of 2003 - Amends the Internal Revenue Code to include distributions from publicly traded partnerships as qualifying income of regulated investment companies. Excludes such distributions from the source-based inclusion limitation applicable to other partnerships.

Applies specified passive activity provisions for publicly traded partnerships to regulated investment companies.