US HB1055 | 2023-2024 | 118th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 14 2023 - 25% progression, died in committee
Action: 2023-02-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 14 2023 - 25% progression, died in committee
Action: 2023-02-14 - 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 exclude certain amounts from the tested income of controlled foreign corporations, and for other purposes.
Title
Territorial Economic Recovery Act
Sponsors
| Rep. Stacey Plaskett [D-VI] | Rep. Nydia Velazquez [D-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-14 | House | Referred to the House Committee on Ways and Means. |
| 2023-02-14 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/house-bill/1055/all-info |
| Text | https://www.congress.gov/118/bills/hr1055/BILLS-118hr1055ih.pdf |
