US HB3935 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on November 5 2015 - 25% progression, died in committee
Action: 2015-11-05 - Referred to the Subcommittee on Health.
Pending: House Subcommittee on Health Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 5 2015 - 25% progression, died in committee
Action: 2015-11-05 - Referred to the Subcommittee on Health.
Pending: House Subcommittee on Health Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Putting America First Corporate Tax Act This bill amends the Internal Revenue Code to modify the definition of subpart F income (i.e., income of a controlled foreign corporation earned outside the United States that is not tax-deferred) to include income of a controlled foreign corporation derived from any foreign country. This modification is applicable to taxable years beginning after December 31, 2015.
Title
Putting America First Corporate Tax Act
Sponsors
| Rep. Mark Pocan [D-WI] | Rep. Eleanor Norton [D-DC] | Rep. John Garamendi [D-CA] | Rep. Barbara Lee [D-CA] |
| Rep. Keith Ellison [D-MN] | Rep. Jerrold Nadler [D-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-11-05 | House | Referred to the Subcommittee on Health. |
| 2015-11-05 | House | Referred to the House Committee on Ways and Means. |
| 2015-11-05 | House | Introduced in House |
Same As/Similar To
HB1790 (Related) 2015-04-14 - Referred to the House Committee on Ways and Means.
SB922 (Related) 2015-04-14 - Read twice and referred to the Committee on Finance.
HB5313 (Related) 2016-05-25 - Referred to the Subcommittee on Water Resources and Environment.
SB922 (Related) 2015-04-14 - Read twice and referred to the Committee on Finance.
HB5313 (Related) 2016-05-25 - Referred to the Subcommittee on Water Resources and Environment.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/3935/all-info |
| Text | https://www.congress.gov/114/bills/hr3935/BILLS-114hr3935ih.pdf |
