US Congress House Bill 5338 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 11-0)
Status: Introduced on July 31 2014 - 25% progression, died in committee
Action: 2014-07-31 - Referred to House Foreign Affairs
Pending: House Foreign Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Federal Employee Pension Fairness Act - Repeals provisions requiring federal employees, including foreign service employees, who began service after 2012 to pay an increased contribution (4.4%) for funding their annuities under the Federal Employees Retirement System (FERS). Amends the Internal Revenue Code to: (1) treat certain foreign corporations managed and controlled primarily in the United States as domestic corporations for U.S. tax purposes; and (2) revise rules for the taxation of inverted corporations (i.e., U.S. corporations that acquire foreign companies to reincorporate in a foreign jurisdiction with lower income tax rates than the United States).

Federal Employee Pension Fairness Act

Rep. Donna Edwards [D-MD]	Rep. Matthew Cartwright [D-PA]	Rep. Gerald Connolly [D-VA]	Rep. Elijah Cummings [D-MD]
Rep. Keith Ellison [D-MN]	Rep. Marcy Kaptur [D-OH]	Rep. Stephen Lynch [D-MA]	Rep. Betty McCollum [D-MN]
Rep. Grace Napolitano [D-CA]	Rep. Eleanor Norton [D-DC]	Rep. Charles Rangel [D-NY]

Date	Chamber	Action
2014-07-31	House	Referred to House Foreign Affairs
2014-07-31	House	Referred to House Oversight and Government Reform
2014-07-31	House	Referred to House Ways and Means
2014-07-31	House	Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Government Reform, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

HB3793 (Related) 2014-01-24 - Referred to the Subcommittee on Military Personnel.
HB4679 (Related) 2014-05-20 - Referred to the House Committee on Ways and Means.
HB4985 (Related) 2014-06-26 - Referred to the House Committee on Ways and Means.
SB1844 (Related) 2013-12-17 - Read twice and referred to the Committee on Finance.
SB2360 (Related) 2014-05-20 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3188-31889)

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/5338/all-info
Text	https://www.congress.gov/113/bills/hr5338/BILLS-113hr5338ih.pdf