US HB1267 | 2011-2012 | 112th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 11-4)
Status: Introduced on March 30 2011 - 25% progression, died in committee
Action: 2011-03-30 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 30 2011 - 25% progression, died in committee
Action: 2011-03-30 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to modify the alternative tax on qualifying shipping activities to treat a corporation electing such tax as continuing to use a qualifying vessel in the U.S. foreign trade during any period of use in the U.S. domestic trade, thus eliminating the 30 day limitation on operating in U.S. domestic trade under current law.
Title
To amend the Internal Revenue Code of 1986 to modify the application of the tonnage tax on certain vessels.
Sponsors
| Rep. Wally Herger [R-CA] | Rep. Earl Blumenauer [D-OR] | Rep. Kathy Castor [D-FL] | Rep. Elijah Cummings [D-MD] |
| Rep. Peter DeFazio [D-OR] | Rep. Jim Gerlach [R-PA] | Rep. Janice Hahn [D-CA] | Rep. Colleen Hanabusa [D-HI] |
| Sen. Mazie Hirono [D-HI] | Rep. Duncan Hunter [R-CA] | Rep. Jay Inslee [D-WA] | Rep. Rick Larsen [D-WA] |
| Rep. Kurt Schrader [D-OR] | Rep. Adam Smith [D-WA] | Rep. Don Young [R-AK] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-03-30 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB57 (Same As) 2011-01-25 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S172)
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/1267/all-info |
| Text | https://www.congress.gov/112/bills/hr1267/BILLS-112hr1267ih.pdf |
