US HB2847 | 2021-2022 | 117th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on April 26 2021 - 25% progression, died in committee
Action: 2021-04-26 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 26 2021 - 25% progression, died in committee
Action: 2021-04-26 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
Title
To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying the constructive ownership rules to controlled foreign corporations, and for other purposes.
Sponsors
| Rep. Gwen Moore [D-WI] | Rep. Drew Ferguson [R-GA] | Rep. Bradley Schneider [D-IL] | Rep. Ron Estes [R-KS] |
| Rep. Lucy McBath [D-GA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-04-26 | House | Referred to the House Committee on Ways and Means. |
| 2021-04-26 | House | Introduced in House |
Same As/Similar To
HB5376 (Related) 2022-08-16 - Became Public Law No: 117-169.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/117th-congress/house-bill/2847/all-info |
| Text | https://www.congress.gov/117/bills/hr2847/BILLS-117hr2847ih.pdf |
