US HB3935 | 2015-2016 | 114th Congress

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on November 5 2015 - 25% progression, died in committee
Action: 2015-11-05 - Referred to the Subcommittee on Health.
Pending: House Subcommittee on Health Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Putting America First Corporate Tax Act This bill amends the Internal Revenue Code to modify the definition of subpart F income (i.e., income of a controlled foreign corporation earned outside the United States that is not tax-deferred) to include income of a controlled foreign corporation derived from any foreign country. This modification is applicable to taxable years beginning after December 31, 2015.

Tracking Information

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Title

Putting America First Corporate Tax Act

Sponsors


History

DateChamberAction
2015-11-05HouseReferred to the Subcommittee on Health.
2015-11-05HouseReferred to the House Committee on Ways and Means.
2015-11-05HouseIntroduced in House

Same As/Similar To

HB1790 (Related) 2015-04-14 - Referred to the House Committee on Ways and Means.
SB922 (Related) 2015-04-14 - Read twice and referred to the Committee on Finance.
HB5313 (Related) 2016-05-25 - Referred to the Subcommittee on Water Resources and Environment.

Subjects


US Congress State Sources


Bill Comments

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