US SB1449 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on August 1 2013 - 25% progression, died in committee
Action: 2013-08-01 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6222-6223)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on August 1 2013 - 25% progression, died in committee
Action: 2013-08-01 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6222-6223)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to treat United States cruise industry income as effectively connected with the conduct of a trade or business within the United States (thus subjecting such income to U.S. income taxation). Defines "United States cruise industry income" as income attributable to a voyage of a commercial passenger cruise vessel (a passenger vessel having berth or stateroom accommodations for at least 250 passengers) that extends over 1 or more nights and during which passengers embark or disembark the vessel in the United States. Prohibits any tax exemption or reduced tax rate under any U.S. treaty with respect to United States cruise industry income.
Title
A bill to amend the Internal Revenue Code of 1986 to provide that income attributable to certain passenger cruise voyages beginning or ending in the United States shall be treated as effectively connected with the conduct of a trade or business within the United States.
Sponsors
Sen. John Rockefeller [D-WV] |
History
Date | Chamber | Action |
---|---|---|
2013-08-01 | Senate | Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6222-6223) |
2013-08-01 | Senate | Sponsor introductory remarks on measure. (CR S6222) |
Subjects
Income tax exclusion
Income tax rates
International law and treaties
Marine and inland water transportation
Taxation
Taxation of foreign income
Travel and tourism
Income tax rates
International law and treaties
Marine and inland water transportation
Taxation
Taxation of foreign income
Travel and tourism
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/senate-bill/1449/all-info |
Text | https://www.congress.gov/113/bills/s1449/BILLS-113s1449is.pdf |