US HB4362 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on September 17 2019 - 25% progression, died in committee
Action: 2019-09-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 17 2019 - 25% progression, died in committee
Action: 2019-09-17 - 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, with respect to reporting requirements that apply to foreign financial institutions and individuals with foreign financial assets, to create exceptions for the foreign accounts of certain U.S. residents or citizens living abroad.
Title
Overseas Americans Financial Access Act
Sponsors
| Rep. Carolyn Maloney [D-NY] | Rep. Don Beyer [D-VA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-09-17 | House | Referred to the House Committee on Ways and Means. |
| 2019-09-17 | House | Introduced in House |
Subjects
Bank accounts, deposits, capital
Diplomacy, foreign officials, Americans abroad
Foreign and international banking
Tax administration and collection, taxpayers
Taxation
Taxation of foreign income
Diplomacy, foreign officials, Americans abroad
Foreign and international banking
Tax administration and collection, taxpayers
Taxation
Taxation of foreign income
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/4362/all-info |
| Text | https://www.congress.gov/116/bills/hr4362/BILLS-116hr4362ih.pdf |
