US HB368 | 2025-2026 | 119th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 13 2025 - 25% progression
Action: 2025-01-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Status: Introduced on January 13 2025 - 25% progression
Action: 2025-01-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Summary
To amend the Internal Revenue Code of 1986 to provide that certain bona fide residents of the Virgin Islands who are shareholders of corporations organized under the laws of the Virgin Islands are not treated as United States persons for purposes of determining certain inclusions in gross income with respect to such corporations.
Title
To amend the Internal Revenue Code of 1986 to provide that certain bona fide residents of the Virgin Islands who are shareholders of corporations organized under the laws of the Virgin Islands are not treated as United States persons for purposes of determining certain inclusions in gross income with respect to such corporations.
Sponsors
| Rep. Stacey Plaskett [D-VI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-13 | House | Referred to the House Committee on Ways and Means. |
| 2025-01-13 | House | Introduced in House |
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/119th-congress/house-bill/368/all-info |
