United States · Bill · HR
H.R. 1055 (118th)
Territorial Economic Recovery Act
Introduced
14 February 2023
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
24 July 2024
Summary
Territorial Economic Recovery Act This bill restores the favorable tax treatment of investment in U.S. territories and possessions. It treats such investment as domestic rather than foreign investment and requires investors to have an active trade or business in a U.S. territory or possession with a certain percentage of income derived from such territory or possession.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 14 February 2023
Introduced in House (PDF)
Introduced in House · EN · 14 February 2023
Introduced in House
summary · EN · 14 February 2023
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/house-bill/1055
- Open data entity: https://api.congress.gov/v3/bill/118/hr/1055