US HB2210 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on April 10 2019 - 25% progression, died in committee
Action: 2019-04-10 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 10 2019 - 25% progression, died in committee
Action: 2019-04-10 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Repeals several tax provisions that were included in the Foreign Investment in Real Property Tax Act of 1980. The bill repeals provisions that imposed (1) capital gains taxes on dispositions of investments in U.S. real property by foreign citizens, and (2) related tax withholding and reporting requirements.
Title
Invest in America Act
Sponsors
Rep. John Larson [D-CT] | Rep. Kenny Marchant [R-TX] | Rep. Earl Blumenauer [D-OR] | Rep. Danny Davis [D-IL] |
Rep. George Holding [R-NC] | Rep. Steven Horsford [D-NV] | Rep. Ron Kind [D-WI] | Rep. Darin LaHood [R-IL] |
Rep. Bill Pascrell [D-NJ] | Rep. Thomas Suozzi [D-NY] | Rep. Jackie Walorski [R-IN] | Rep. Mark Walker [R-NC] |
Rep. Devin Nunes [R-CA] | Rep. Brendan Boyle [D-PA] | Rep. Bill Flores [R-TX] | Rep. Raul Ruiz [D-CA] |
Rep. Jody Arrington [R-TX] | Rep. Peter King [R-NY] | Rep. Darren Soto [D-FL] | Rep. Don Beyer [D-VA] |
Rep. Drew Ferguson [R-GA] | Rep. Pete Aguilar [D-CA] |
History
Date | Chamber | Action |
---|---|---|
2019-04-10 | House | Referred to the House Committee on Ways and Means. |
2019-04-10 | House | Introduced in House |
Subjects
Capital gains tax
Foreign and international corporations
Real estate business
Tax administration and collection, taxpayers
Taxation
Taxation of foreign income
U.S. and foreign investments
Foreign and international corporations
Real estate business
Tax administration and collection, taxpayers
Taxation
Taxation of foreign income
U.S. and foreign investments
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/2210/all-info |
Text | https://www.congress.gov/116/bills/hr2210/BILLS-116hr2210ih.pdf |