US HB5032 | 2021-2022 | 117th Congress
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on August 13 2021 - 25% progression, died in committee
Action: 2021-08-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on August 13 2021 - 25% progression, died in committee
Action: 2021-08-13 - 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 provide a credit for economic activity in possessions of the United States.
Title
Territory Economic Development Tax Credit Act
Sponsors
| Rep. Thomas Suozzi [D-NY] | Rep. Nydia Velazquez [D-NY] | Rep. Bill Pascrell [D-NJ] | Rep. John Larson [D-CT] |
| Rep. Michael San Nicolas [D-GU] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-08-13 | House | Referred to the House Committee on Ways and Means. |
| 2021-08-13 | House | Introduced in House |
Same As/Similar To
SB2485 (Same As) 2021-07-27 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/117th-congress/house-bill/5032/all-info |
| Text | https://www.congress.gov/117/bills/hr5032/BILLS-117hr5032ih.pdf |
